Qualcomm has been witnessing various short-term challenges impacting the semiconductor industry which is why its revenues in the last result were below Wall Street expectations. However, despite the ongoing macroeconomic headwinds, the company did manage to deliver an earnings beat. Combined IoT and auto revenues reflect continued progress on revenue diversification in the quarter. In handsets, the recently announced Snapdragon Gen 2 mobile platform of the company in order to create AI-accelerat ....
