Qualcomm (QCOM) Sets New Growth Targets

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Go back to Qualcomm (QCOM) Sets New Growth Targets

Qualcomm Sets New Growth Targets, Showcasing Company’s Opportunity as On-Device AI Accelerates Demand for its Technologies

November 19, 2024 5:00 PM EST

Unique Position at the Edge Drives an Expanded TAM of ~$900 billion by 2030

Transformation Redefines Qualcomm, Diversifies Customer Base and Accelerates Growth

NEW YORK--(BUSINESS WIRE)-- Qualcomm Incorporated (NASDAQ: QCOM), a connected computing leader, today outlined its significant opportunities for growth and diversification at its 2024 Investor Day. The companys unique position at the edge is driving access to an expanded TAM of approximately $900 billion by 2030, with more than 50 billion cumulative connected edge device shipments expected from 2024 through 2030.

Qualcomms focus on diversification and industry-leading technology roadmap has... More