AutumnSkyPhotography For the second quarter, QUALCOMM Incorporated (NASDAQ:QCOM) posted strong quarterly results, with adjusted per-share earnings of $2.44 (soundly surpassing analyst expectations of $2.32 per share) and adjusted revenues of $9.39 billion (modestly surpassing consensus estimates of $9.34 billion for the period). Quarterly Results And Guidance (Qualcomm, Inc.) The smartphone hardware components company also recorded per-share net income of $2.06 (at $2.33 billion), indicating annualized gain ...

The old leader in mobile connectivity chips might be catching a new tailwind. Believe it or not, old mobile-chip giant Qualcomm (QCOM 4.26%) has been a hot stock so far in 2024. After getting clobbered in the aftermath of the pandemic-era consumer electronics spending spree, shares have rallied to all-time highs and are up nearly 40% so far this year. There's good reason for this stock price jump. Though the smartphone market is likely to remain tepid, Qualcomm has developed two newer consumer markets that ...

Qualcomm (NASDAQ:QCOM) stock recently announced a groundbreaking partnership with Microsoft to power the next generation of AI-powered personal computers. This strategic alliance marks a significant milestone for both companies. It also opens up a vast array of opportunities in the rapidly expanding AI world. The collaboration will utilize Qualcomm’s Snapdragon X platform known for its performance and energy efficiency. The partnership integrates Qualcomm’s AI chips into Microsoft’s surface PCs to enhance u ...

It was clear last fall that Qualcomm (NASDAQ:QCOM), the longtime leader in phone modems, needed a new growth story. Qualcomm stock had a terrible 2023. Sales fell 19% and net income by 43%. CEO Cristiano Amon talked about a “challenging environment.” Phone sales were weak, especially in China. That also dropped licensing revenues. Apple (NASDAQ:AAPL) also renewed its promise to stop buying Qualcomm modems. The new date for losing that business is 2027. It seems devices weren’t ready for the AI revolution an ...

报告公司投资评级 - 维持"买入"评级 [2] 报告的核心观点 - 公司FY2024-FY2026年归母净利润预计为99.39/121.07/139.14亿美元,当前股价对应PE分别为20/17/14倍,业绩有望持续增长 [2] - 公司持续推动终端侧生成式AI变革,将持续巩固公司在QCT板块的领先地位,业绩有望持续受益 [1] 公司投资评级 - 报告维持"买入"评级 [2] 公司业务表现 - 2024财年Q2,公司实现营收93.89亿美元,同比增长1.23%;实现归母净利润23.26亿美元,同比增长36.50% [1] - 国内OEM厂商需求持续强劲,汽车业务增速不断加快 [1] - 手机端实现营收61.80亿美元,同比增长1.23%;汽车端实现营收6.03亿美元,同比增长34.90% [1] - 公司骁龙数字底盘(Snapdragon Digital Chassis)的"Design Win"与客户的协议价值量截至年报发布日期已达到450亿美元,预计在2026财年有望突破40亿美元收入 [1] 公司AI布局 - 公司持续推进AI端侧布局,发布的骁龙X Plus计算平台有望尽快搭载到下一代AIPC上 [1] - 公司在该季度推出高通AI Hub,为骁龙和高通平台提供超过75个优化AI模型,助力开发者缩短产品上市时间 [1] 风险提示 - 未提及 [3]

JHVEPhoto Qualcomm Incorporated (QCOM) reported its second quarter 2024 earnings on May 1, 2024. The company delivered a passable quarter, considering the primary end markets for its chips, smartphones, and consumer electronics are still emerging from a severe downturn. The company delivered a slight beat of $39.41 million on $9.39 billion in revenue. Its continued margin expansion led to Qualcomm recording an earnings-per-share ("EPS") of $2.44, beating consensus analyst estimates by $0.12. The stock rose ...

Nvidia dominates the semiconductor realm, but one of its rivals is quietly gaining some momentum. Semiconductors are a core pillar in the emerging artificial intelligence (AI) revolution. Yet the chip space is largely dominated by just two players: Nvidia and Advanced Micro Devices. However, other companies are beginning to make inroads in the industry as well. Qualcomm (QCOM 0.85%) has spent the last several months instituting new cost reduction policies while simultaneously combatting its larger cohorts i ...

Nvidia hasn't been able to make much of a dent in the automotive chip market, but there is one company that's winning big in this space. Nvidia has been one of the top-performing stocks on the market in the past year with outstanding gains of 215%, which is not surprising as the company has absolutely dominated the market for artificial intelligence (AI) chips and witnessed remarkable growth in its revenue and earnings. However, there is one business where Nvidia is still lacking. The company's revenue from ...

The Wall Street skyscrapers still rise above the city, but investors are not as confident as they used to be. Fear of an imminent collapse hinders movements and prevents high profits, as no one wants to invest in a falling asset. However, panic is not logical and usually brings missed opportunities. Buying a cheap asset and waiting for the market to recover is a time-tested strategy. To implement it, you need to choose an asset with long-term potential that can be dragged into short-term chaos. Today we wil ...

财务数据 - 高通2024财年第二财季营收达到93.89亿美元，净利润为23.26亿美元，毛利率为56.27%[1] - 公司预计2024Q2实现营业收入88-96亿美元，每股收益2.15-2.35美元，全球手机出货量预期同比持平或略有增长[4] - 预计2024年QTL部门实现营收12亿-14亿美元，税前利润率69%-73%[25] - 公司2024Q2业绩表现强劲，NON-GAAP收入为94亿美元，QCT业务收入为80亿美元，QTL业务收入为13亿美元[27] - 预计未来实现的订单规模已增至约450亿美元，有望在2026财年实现超过40亿美元的汽车收入[30] - 预计未来实现的订单规模的增加将继续转化为收入，QCT汽车业务收入预计环比增长低两位数百分比[39] - 公司向股东返还了16亿美元，包括7.31亿美元的股票回购和8.95亿美元的股息[40] 市场趋势 - 中国市场手机需求复苏显著，24年全球手机销量预计同比持平或略有提升，其中5G手机增长5%～15%[3] - 预计全球手机出货量将与去年同期持平或略有增长，5G手机预计将以高个位数到低两位数的百分比增长[43] - 中国市场高端产品占比提升，推动市场增长[49] - 中国OEM实现的营收同比增长超40%，预计增长趋势将持续[49] 业务展望 - 汽车电子业务连续第三个季度创纪录，24年目标收入超过40亿美元[2] - Arriver团队正在开发计算机视觉和驾驶策略ADAS软件堆栈，目标是在2025年底开始新车型导入[42] - 公司对成长和多元化战略的持续进展感到高兴，展望未来继续执行物联网和汽车领域的多元化战略[46] - 公司对未来的机遇持乐观态度，将继续执行计划，为股东带来长期增长和价值[37] - 公司汽车业务正朝着2026财年超过40亿美元收入的目标稳步前进[52] 技术研发 - AI技术推动消费者升级至AI手机，开发者对AI应用表现出极大兴趣[59] - 高通在射频领域取得的优势将持续存在，不会随调制解调器技术过时而消失[62] - QCT芯片组的ASP提升主要由计算组件部分驱动，NPU是最大的增长点[65] - 公司汽车业务定点订单总估值持续增长，进行平台升级以实现生成式AI在车辆上的运行[67]