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Qualcomm's first auto investor day offers signs the industry is embracing its tech platform

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Qualcomm's first auto investor day offers signs the industry is embracing its tech platform - CNBC

Quick Summary:

We think Qualcomm delivered with its first-ever automotive investor day.

Qualcomm has existing deals with automakers involving its ADAS infrastructure, known as the Snapdragon Ride Platform, including with BMW and General Motors (GM).

Fiscal 2022, on the other hand, represented a major ramp up in revenue from its Snapdragon Cockpit Platforms, he said, noting there were 20 new vehicle launches this year.

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Category: Economy

Topics: Cnbc Investing Source:tagname:CNBC US Source International Business Machines Corp Jim Cramer Bayerische Motoren Werke AG Qualcomm Inc InvestingClub Semiconductors and Semiconductor Equipment Articles CNBC Investing Club Breaking News: Markets Mercedes Benz Group AG CNBC Investing Club: Newsletter CNBC Investing Club: Analysis Autos General Motors Co Investment strategy Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22, 22:48:14

News Timezone: GMT -5:00

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Language: English

Reading Time: 7 minutes read

Article Length: 1206 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 479642

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