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Qualcomm’s automotive business reaches US$2 billion as handset revenue declines
8:03am on Thursday 5th of November, 2026 AEDT
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Semiconductors
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Qualcomm’s automotive business reaches US$2 billion as handset revenue declines
8:03am on Thursday 5th of November, 2026 AEDT
Key Points
Q4 automotive revenue rose 89% to US$1.99 billion
Handset revenue fell 26% in Q4 and 13% for fiscal 2026
Fiscal 2026 non-GAAP EPS declined 12% to US$10.54
Amazon AI data-centre collaboration announced
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QUALCOMM Incorporated (NASDAQ:QCOM)
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