Company Of The Day: Qualcomm

-13.61%
Downside
169
Market
146
Trefis
QCOM: Qualcomm logo
QCOM
Qualcomm

What?

Qualcomm (NASDAQ:QCOM) posted a stronger than expected set of Q4 FY’21 results last week, as the company’s smartphone chip sales jumped 56% year-over-year, despite the ongoing chip shortage.

Why?

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  6. Can Qualcomm Count On Automotive Sector To Drive Its Next Wave Of Growth?

Demand for the company’s chips has been strong and Qualcomm has also been able to secure supply by banking on multiple foundries for production.

So What?

QCOM stock has rallied by over 15% since its earnings were published last Wednesday.

See Our Complete Analysis For Qualcomm

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