Qualcomm's Q2 Earnings: Smartphone Storm Ahead

Qualcomms Q2 earnings expected to dip, with EPS at $2.55 and revenue at $10.56B, down from last year. Handset segment projected to fall 12.5% to $6.05B. Qualcomm partners with OpenAI for a new smartphone chip, aiming to disrupt Apple and Googles dominance. Smartphone shipments dropped 4.1% in Q1, ending a 10-quarter growth streak due to memory crisis and budget phone demand decline. Analysts predict double-digit declines across the board this year. Qualcomms CEO Cristiano Amon to keynote at Computex in June, focusing on data center push and AI. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/78a426e29f575730