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2025-07-31 23:14:39

Qualcomm Announces 2029 Strategic Goal: AI-Driven Automotive and IoT Business Revenue Targets $22 Billion - Driven by the wave of artificial intelligence, chip giant Qualcomm (QCOM) announced its automotive and IoT business revenue target: to reach $22 billion by 2029. Qualcomm CEO Cristiano Amon emphasized that the company is consolidating its leadership in AI smartphones through a diversified development strategy.

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