[July.2024]AI PC chips boosted Qualcomm's stock price. What are key areas to watch in its earnings reports?

In the mobile chip industry, Qualcomm stands out as a major player. Most high-end Android phones are powered by Qualcomm's Snapdragon series chips, and even though Apple uses its own A-series chips, it still pays Qualcomm licensing fees for modem technology.

Thanks to its dominant position in mobile chips and its strategic moves in AI and PC chips, Qualcomm's stock has surged over 20% this year, making it a standout in the semiconductor sector.

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