Qualcomm predicts revenue above expectations, relying on AI to boost chip demand. The company expects revenue between $7.2 billion and $8 billion for the upcoming quarter, exceeding analysts’ estimates of $7.17 billion. Qualcomm’s optimistic forecast is fueled by the increasing adoption of artificial intelligence technologies across various industries.

Read more at Investing.com: Qualcomm forecasts revenue above estimates, betting on AI use to drive chip demand