💨 Abstract

Qualcomm, a leading chip designer, forecasts Q1 sales and profit above Wall Street estimates. This is as the company aims to enter the personal computer market and competes in the recovering smartphone market. Qualcomm expects Q1 sales of $10.90 billion and adjusted profits of $2.95 per share, compared to analyst predictions of $10.59 billion and $2.86 per share.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖