Can Solid Automotive Revenues Propel QCOM Stock Amid Tariff Woes?
Key Takeaways QCOM's automotive revenue hit $984M, up 21%, on Snapdragon Digital Chassis adoption.IoT revenue jumped 24% to $1.68B, with strength in Snapdragon AR1 smart glasses chips.Tariff tensions with China and high R&D costs weigh on margins and growth prospects.Qualcomm Incorporated (QCOM) reported relatively robust third-quarter fiscal 2025 results, with adjusted earnings exceeding the Zacks Consensus Estimate, driven by healthy demand trends in IoT and automotive businesses. The automotive telematic ...