Qualcomm board authorizes $20 billion share repurchase program
Updated
Updated · Trefis · Apr 24
Qualcomm board authorizes $20 billion share repurchase program
14 articles · Updated · Trefis · Apr 24
The buyback, approved in March, equals about 15% of Qualcomm’s market capitalization and follows a 23% year-to-date stock decline.
Management signals confidence in the company’s value despite headwinds from Apple’s modem shift and smartphone memory shortages.
Qualcomm is repositioning for growth in edge AI, automotive, and robotics, with automotive revenue up 15% year-over-year and major investments in on-device AI and industrial platforms.
As chip shortages starve the market, can Qualcomm's edge AI ambitions survive the supply crunch?
Is Qualcomm on the verge of a Marvell-like surge, or is the market right to be skeptical?
With Apple's new modem reaching parity, is Qualcomm's technological moat about to evaporate?
Can Qualcomm's Dragonwing chip truly challenge NVIDIA in the high-stakes robotics market?
Is buying a developer platform like Arduino enough to win the foundational battle for industrial AI?