Qualcomm Exceeds Earnings Estimates Amid Automotive Growth and AI Expansion

Qualcomm Inc (NASDAQ:QCOM) exceeded earnings estimates in Q2 fiscal 2026, driven by strong automotive revenue growth and AI strategy expansion, despite a decline in its handset business. Shares rose 12.6% following the report, though the company provided a cautious outlook for the next quarter.

By Proactive Thu, April 30, 2026 at 5:59 PM GMT+3 2 min read · Yahoo Finance · April 30, 2026, 14:59 UTC

Qualcomm Exceeds Earnings Estimates Amid Automotive Growth and AI Expansion

Tickers: $QCOM

Topics: AI Automotive Data Center Earnings Revenue Share Buyback

Read the full article at Yahoo Finance

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