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Posted by
Two Blokes Apr 29 -
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Stock
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Despite a 14% share decline since February, I remain bullish on Qualcomm due to strong Q1 results and robust growth in Automotive and IoT segments. Qualcomm's fabless model and tariff carveouts position it well to navigate the trade war, preserving its pricing power and market share in China. Projected Q2 earnings are strong, with expected EPS of $2.81 and revenue of $10.65 billion, driven by handset, automotive, and IoT growth.
