Qualcomm's Surprising Q1 Earnings Boost!

Qualcomm has just delivered a stunning surprise in its fiscal Q1 earnings! 📈 With earnings per share hitting $3.41, surpassing expectations of $2.96, and a revenue of $11.67 billion, the tech giant is making waves. 💰 Net income soared 15% to $3.18 billion, fueled by robust demand for premium smartphones in China and exclusive chip contracts with Samsung Galaxy. 🚀 Key growth sectors include mobile chips (+13%), automotive chips (+61%), and IoT business (+36%). For Q2, Qualcomm forecasts revenue up to $11 billion, beating Wall Street's predictions! Despite this good news, shares dipped 3% after hours. Don’t miss out on the financial breakdown! Like and share!

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