Qualcomm Sets New Growth Targets, Showcasing Company’s Opportunity as On-Device AI Accelerates Demand for its Technologies
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Business Wire
– Unique Position at the Edge Drives an Expanded TAM of ~$900 billion by 2030 –– Transformation Redefines Qualcomm, Diversifies Customer Base and Accelerates Growth – NEW YORK--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM), a connected computing leader, today outlined its significant opportunities for growth and diversification at its 2024 Investor Day. The company’s unique position at the edge is driving access to an expanded TAM of approximately $900 billion by 2030, with more than 50 billion cumulative connected edge device shipments expected from 2024 through 2030.“Qualcomm’s focus on diversification and industry-leading technology roadmap has significantly strengthened the Company’s growth profile,” said Cristiano Amon, President & CEO, Qualcomm Incorporated. “As generative AI accelerates demand for our technology and we become increasingly relevant across multiple industries, Qualcomm is well positioned to address a $900 billion opportunity by 2030 across an expanding
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QCOM
News
- DeepGreenX and Veea Announce Global Strategic Partnership Agreement [Yahoo! Finance]Yahoo! Finance
- Qualcomm stock falls after new autos, PC targets fail to wow investors [Yahoo! Finance Canada]Yahoo! Finance Canada
- QUALCOMM Incorporated (NASDAQ: QCOM) had its price target lowered by analysts at Susquehanna from $230.00 to $210.00. They now have a "positive" rating on the stock.MarketBeat
- QUALCOMM Incorporated (NASDAQ: QCOM) had its "neutral" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $160.00 price target on the stock.MarketBeat
- Qualcomm Sets New Growth Targets, Showcasing Company's Opportunity as On-Device AI Accelerates Demand for its Technologies [Yahoo! Finance]Yahoo! Finance
QCOM
Earnings
- 11/6/24 - Beat
QCOM
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 144
- 11/15/24 - Form 4
- QCOM's page on the SEC website