Qualcomm focuses on automotive sector with Snapdragon Digital Chassis platform and Veoneer acquisition.

From Nasdaq: 2025-06-30 10:00:00

Qualcomm’s Snapdragon Digital Chassis platform gains popularity in automotive sector, with Silicon Motion’s UFS solution validated for compatibility. Snapdragon Cockpit SA8295P offers AI performance, graphics, and safety support for smart cockpits, telematics, and connectivity. Acquisition of Veoneer boosts Qualcomm’s ADAS portfolio with Arriver’s software assets for self-driving vehicles.

NVIDIA Drive platform provides scalable AI computing for ADAS and autonomous vehicles, collaborating with automakers, suppliers, and start-ups. Intel’s Mobileye acquisition strengthens its presence in ADAS market with advanced technologies for autonomous driving. Intel’s EyeQ6 and EyeQ Ultra chips target full autonomous capabilities, contributing to high-growth revenue streams.

Qualcomm’s stock performance shows a 20.8% decline over the past year compared to industry growth. With a forward P/E ratio of 13.45, Qualcomm’s shares trade lower than the industry average. Earnings estimates for 2025 decreased by 0.4% to $11.71 per share, and 2026 estimates declined by 5.3% to $11.82 per share.

Zacks Investment Research names Qualcomm as a Hold with a Zacks Rank #3. Emerging semiconductor manufacturing industry projected to grow from $452 billion in 2021 to $803 billion by 2028. NVIDIA’s exponential growth and Intel’s focus on AI, Machine Learning, and IoT contribute to the semiconductor industry’s rapid expansion.



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