Showing posts with label memory supply shortages. Show all posts
Showing posts with label memory supply shortages. Show all posts

Wednesday, February 4, 2026

Qualcomm Hits $12.2B in Revenue as Automotive and AI Segments Outpace Mobile Growth.

Qualcomm Hits $12.2B in Revenue as Automotive and AI Segments Outpace Mobile Growth.
Qualcomm Reports Q1 2026 Earnings: Automotive and AI Momentum Drive Revenue Growth Amidst Memory Shortage

Qualcomm Incorporated has announced its financial results for the first fiscal quarter of 2026 (ending December 2025), reporting total revenue of $12.25 billion, a 5% increase year-over-year. Under GAAP accounting, the company’s net income reached $3.00 billion.

Strategic Outlook: AI and High-End Resilience

Cristiano Amon, CEO of Qualcomm, noted that while the mobile handset market faces short-term headwinds due to global memory supply shortages, the demand for premium-tier smartphones remains robust. Furthermore, the entire industry continues to benefit significantly from the rapid integration of On-Device AI.