Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Qualcomm called out strong demand for “premium tier” smartphones that require the most advanced chips.

Handset sales rose 1% year-over-year to $6.18 billion, signaling that the smartphone market may be recovering after a few years of post-covid slumping.Here's how it did versus LSEG consensus estimates for the quarter ending in March:Net income during the quarter was $2.33 billion, or $2.06 per share, versus $1.7 billion, or $1.52 per share, in the year-earlier period.

Qualcomm's most important business is its handsets business. It sells processors, modems and other parts for smartphones — primarily Android devices, but also some modem parts in iPhones. Qualcomm calls the phones that use its best chips"AI-powered smartphones," citing features such as generative email completion, live translation, and virtual assistants that use the chips specialized"NPU" AI section. One such phone is

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 319. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

India is a key chip design market, Qualcomm says, as Modi makes semiconductor pushQualcomm is already designing chips in India, Qualcomm India's president Savi Soin said in an exclusive interview.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »