Qualcomm reports growth in handset, automative segments in Q2

Qualcomm reported that its automotive segment increased 35% year-over-year Qualcomm beat market expectations in Q2 2024, with the company expecting between $8.8 billion and $9.6 billion in sales. Net income during the quarter was $2.33 billion, or $2.06 per share, compared to $1.7 billion, or $1.52 per share, in the year-earlier period. Sales in Qualcomm’s […]

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