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Stockreport

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

QUALCOMM Incorporated (QCOM)  More Company Research Source: Forbes
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
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 [Read more]
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Stockreport

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

QUALCOMM Incorporated  (QCOM) 
More Company Research Source: Forbes
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
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 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
QCOM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS