Qualcomm forecasts an additional $22 billion in revenue annually by 2029, with $4 billion from PC chips, $8 billion from automotive contracts, and $4 billion from industrial chips. CEO Cristiano Amon's strategy expands beyond smartphones to new markets, leveraging existing technologies. Qualcomm anticipates its growing businesses will offset potential losses from Apple. Its total addressable market is $900 billion.
Qualcomm forecasts an additional $22 billion in revenue annually by 2029, with $4 billion from PC chips, $8 billion from automotive contracts, and $4 billion from industrial chips. CEO Cristiano Amon's strategy expands beyond smartphones to new markets, leveraging existing technologies. Qualcomm anticipates its growing businesses will offset potential losses from Apple. Its total addressable market is $900 billion.