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Qualcomm's Q2 Financial Report Released: Mobile Chip Revenue Declines by 13%, while Automotive and IoT Sectors Show Strong Growth
5 hour ago /
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Author：小编
On April 29 (local time), Qualcomm announced its financial results for the second quarter of fiscal year 2026, reporting total revenue of $10.6 billion and non-GAAP earnings per share of $2.65, generally meeting expectations. Among them, automotive sector revenue reached $1.33 billion, up 38% year-on-year; IoT sector revenue hit $1.73 billion, up 9% year-on-year. The combined revenue growth of these two sectors reached 20% year-on-year, becoming key to stabilizing the company's performance. Additionally, Qualcomm expects to deliver data center chips to a major hyperscale data center operator within this year.
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