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Strategies & Market Trends : stocks for medium & long-term hold durations
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To: rimshot who wrote (96)11/16/2021 12:54:53 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

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QCOM - Qualcomm

12:23 Eastern - Qualcomm's big bet on the auto industry should yield meaningful revenue returns,
the chip company's CFO Akash Palkhiwala says.
Auto revenue should go from about $1B billion this year to about $3.5B in five years
and reach about $8B in a decade, he says at an investor event.

About 70% of the five-year revenue projection is covered by design wins already in hand, he says.
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