Qualcomm Sees AI Driving Its Next Growth Wave Amid Smartphone Market Pressures
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Qualcomm CEO Cristiano Amon joined Bloomberg to discuss the challenges facing the smartphone market, citing soaring memory prices and supply shortages. He expressed optimism that these pressures would ease over time as Qualcomm shifts its focus toward automotive, data centers, and industrial applications.
Amon emphasized the company's strategic pivot, highlighting the potential of artificial intelligence as a key driver for Qualcomm's next growth wave. This transition aims to mitigate the impact of current market challenges and position the company for future success.
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“Qualcomm CEO Cristiano Amon joins Bloomberg after the chipmaker warned that soaring memory prices and supply shortages are weighing on the smartphone market.”
Bloomberg — Qualcomm Sees AI Driving Its Next Growth Wave