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-0.00527936647602292 0 -0.00468598768147826 -0.00142982842058948 -0.000879894412670461 -0.00494940607127148 -0.00467443906731189 -0.000769907611086595
Stock impact report

AI In The Driver's Seat Of Qualcomm's Diversification Strategy [Forbes]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Forbes
the pace of growth to which its investors have become accustomed. Indeed, upon officially becoming CEO in 2021, one of Cristiano Amon's first official acts was to introduce a revenue diversification strategy at its Investor Day that year and a key target market for diversification was automotive. This strategy elicited a fair amount of skepticism given the high barriers to entry and entrenched incumbent supply chain associated with the automotive market. However, Qualcomm was already quietly addressing those concerns through connectivity and cockpit solutions. Looking forward, the key to unlocking that market further is AI and they are poised to use the AI key to unlock other target markets ranging from PCs and intelligent wearable tech to advanced robotics, industrial and data centers. Qualcomm's venture into the automotive market began 20 years ago, well before the official introduction of its diversification strategy. Qualcomm began, as a company, developing an alternative 2G cel Show less Read more
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