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Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones

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Summary
Nutrition label

78% Informative

Qualcomm said on Tuesday that it expects its so-called internet of things business to more than quadruple in sales by 2029 to around $22 billion .

Of that amount, roughly $4 billion will come from PC chips, Qualcomm said at its investor day on Tuesday .

CEO Cristiano Amon took over Qualcomm in 2021 with a promise to diversify the company away from a reliance on chips for smartphones.

VR Score

88

Informative language

93

Neutral language

75

Article tone

semi-formal

Language

English

Language complexity

46

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not offensive

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not hateful

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Known propaganda techniques

not detected

Time-value

short-lived

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