Qualcomm CFO Says Expect Q4 Qct Handset Revenues To Be ~ $5.2B; Expect Q4 Qct IoT Revenues To Remain Approximately Flat Versus The Year Ago Period; Expect ~ 60% Year-over-year Revenue Growth For Qct Automotive In Q4; Anticipate Non-GAAP Operating Expenses To Be ~ $2.7B In Q4; Anticipate Growth In Non-Handset Revenues To Accelerate From 24% In Fiscal '26 To Greater Than 60% In Fiscal '27
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Why It Matters
Qualcomm expects its phone chip business to stay steady, but its car chip business is growing super fast—about 60% more than last year. This shows the company is making money in new areas beyond just phones, which is important to watch.
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.