From Investing.com: 2024-11-19 17:51:03

Qualcomm executives express optimism about President-elect Trump’s administration and potential U.S. tariffs. The company forecasts $22 billion in revenue over the next five years from non-smartphone products. CEO Cristiano Amon believes Qualcomm will not face issues in China despite proposed tariffs. Qualcomm plans to diversify with automotive, PC, and IoT chips to offset Apple’s declining business. Shares have risen 13.7% this year.



Read more at Investing.com: Qualcomm ‘positive’ on Trump administration as it forecasts chip sales growth By Reuters