Qualcomm Expects to Make $22 Billion by 2029 From Expansion Bid [Yahoo! Finance]
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Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
Most Read from Bloomberg Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll Trump Promises Could Have Seismic Impact on Washington Economy In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift NY Congestion Pricing Survived a Pause. Here's What Could Kill It An expansion into automotive chips will generate $8 billion a year, and the Internet of Things category will provide an additional $14 billion, executives told investors Tuesday during a company presentation in New York. Chief Executive Officer Cristiano Amon, who took the reins in 2021, has sought to broaden Qualcomm's focus beyond smartphones. That's included a bid to sell processors for personal computers — an area long dominated by Intel Corp. Qualcomm is under added pressure to diversify because it set to lose one of its largest customers, Apple Inc. The iPhone maker is developing its own radio connectivity components, which will replace the products
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