Qualcomm Hits Record Growth in Automotive and IoT, But Huawei Revenue Gap Looms Large! 

Qualcomm’s latest quarterly earnings reflect both positive trajectories and ongoing challenges. The firm’s reported non-GAAP revenue of $10.2 billion and earnings per share of $2.69 surpassed their guidance, driven primarily by strong performance in their chipset and licensing businesses. The chipset division generated $8.7 billion, while the licensing segment contributed $1.5 billion. Despite these strong numbers, the broader market context and forward-looking elements present a mixed picture for potential investors.