Will Strength in the Automotive Business Drive Revenues for Qualcomm?
Key Takeaways Qualcomm reported $1.1B automotive revenues in Q1 2026, up 15% year over year.QCOM's modular Snapdragon platforms drive adoption with 5G, AI and ADAS integration.Management expects 35%year over year automotive revenue growth in Q2 2026.Qualcomm Incorporated (QCOM) has been witnessing healthy traction in the automotive segment over the past few quarters. During the first quarter of 2026, the company reported a $1.1 billion in revenues from this segment, up 15% year over year.Its core product st ...