$Qualcomm(QCOM)$ Qualcomm - wi-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Qualcomm(QCOM)$

Qualcomm - winning the digital future of automotive.

Qualcomm’s first auto investor day offers signs the industry is embracing its tech platform.

Qualcomm told investors at Automotive Investor Day on September 22, 2022 has increased its automative design pipeline from $19 billion to $30 billion In just the past two months for its “digital chassis” platform based on the company’s Snapdragon.

Qualcomm's first automotive-investor day has brought attention to the company for something other than smartphones. The chip designer has diversified into non-smartphone products. While much of its previous effort has focused on the metaverse, Qualcomm is now making its mark on the automotive sector.

Qualcomm also estimated the total addressable market for automotive chips and licenses will reach $100 billion by 2030, with revenue growth in automotive technology reaching $1.3 billion in fiscal year 2022 then rising to $4 billion in 2026 and greater than $9 billion in 2031.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Attap Kia
2022-09-29
Attap Kia
ok thanks
- yl2021:
  ok
Dalang
2022-09-29
Dalang
Strong
- gstrader:
  nice
75th
2022-09-29
75th
Automatically into..the future
- MrTig3r:
  power
wingcheong
2022-09-30
wingcheong
Great article. Thanks for sharing.
Meis_Signia
2022-09-29
Meis_Signia
real good stuff here
CYKuan
2022-09-30
CYKuan
thanks for sharing [smile]

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Qualcomm told investors at Automotive Investor Day on September 22, 2022 has increased its automative design pipeline from $19 billion to $30 billion In just the past two months for its “digital chassis” platform based on the company’s Snapdragon. Qualcomm's first automotive-investor day has brought attention to the company for something other than smartphones. The chip designer has diversified into non-smartphone products. While much of its previous effort has focused on the metaverse, Qualcomm is now making its mark on the automotive sector. 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