Qualcomm

CEO Cristiano Amon and CFO/COO Akash Palkhiwala have steered Qualcomm through handset normalization, broadened design wins in automotive and PCs, defended the licensing model, and resolved the Arm litigation favorably.

Investor Day 2024 outlined specific five‑year revenue targets for Automotive ($8B) and IoT ($14B, including $4B PC) by FY29, providing measurable milestones. Execution in 2025 on AI PCs and automotive records supports credibility. Communication on capital returns has been clear, with a baseline of anti‑dilutive buybacks and steady dividends.

Key watch items are sustained PC momentum, automotive program ramps, and prudent integration of Alphawave if and when closed.