Did Qualcomm Just Pull a Fast One on Nvidia and Intel's Mobileye?

Qualcomm's (QCOM 1.90%) recent financials offer further proof that the smartphone and other consumer electronics markets are finally making a comeback after getting through a tough 2022 marred by excess inventory. That comeback comes just as the industrial chip market (which includes chips for electric vehicles (EVs)) is now entering a similar period of decline. After several years of chip shortages, there are now too many industrial chips in inventory in the global supply chain.Thankfully, Qualcomm's small ...