Qualcomm Sees AI as Next Growth Driver Amid Stagnant Smartphone Market

Qualcomm's CEO stated that artificial intelligence is expected to be the company's next major growth driver, even as the smartphone market is projected to remain suppressed. This indicates a strategic shift towards new technologies to offset challenges in its traditional market.

30 Jul, 18:06 — 30 Jul, 18:06

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bloombergHigh26d ago

Qualcomm Sees AI Driving Its Next Growth Wave

Qualcomm CEO Cristiano Amon joins Bloomberg after the chipmaker warned that soaring memory prices and supply shortages are weighing on the smartphone market. He explains why he expects that pressure to ease over time, how Qualcomm is shifting its business toward automotive, data centers and industrial AI, and why the company sees its next phase of growth extending well beyond handsets. Amon joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

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Qualcomm Sees AI as Next Growth Driver Amid Stagnant Smartphone Market

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Qualcomm Sees AI Driving Its Next Growth Wave

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