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SAN FRANCISCO: Qualcomm on Wednesday (Jan 31) forecast fiscal second-quarter profit slightly above Wall Street estimates and sales in line with market. ....
Qualcomm predicted sales and adjusted profit with a midpoint of $9.30 billion and $2.30 per share for the current fiscal second quarter ending in March. The outlook compares with analyst estimates of $9.30 billion and $2.25 per share, according to data from LSEG. ....
The sales outlook reflects interest in new Qualcomm chips with features designed to help run chatbots, image generators and other artificial-intelligence features directly on a device instead of in cloud computing data centers. ....
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....
Qualcomm shares dip as China sales stall – Channel EYE channeleye.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channeleye.co.uk Daily Mail and Mail on Sunday newspapers.