Qualcomm CEO Says Our Two Near Term, Custom Silicon Wins Will Be Revenue Generating In The December Quarter; Have Begun Wafer Production On Custom Silicon; Have Completed The Tape-out Of Hbc Gen 1; Now Expect Annualized Automotive Sales Of ~ $7B Exiting Fiscal 26; osition At Samsung Remains Strong, With Snapdragon Powering ~ 70% Of Their Flagship Devices
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Why It Matters
Qualcomm is making custom computer chips for big customers and expecting to earn about $7 billion from car chips by next year. This shows the company is winning new business and moving from planning into actually making products that will bring in money.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.