Qualcomm Faces Long-Term Squeeze From Apple, Samsung Despite iPhone 17 Share, Meta Partnership: Analysts
1. Qualcomm's revenue rose 10%, surpassing Wall Street estimates. 2. Analysts expect Qualcomm's handset growth to face long-term risks. 3. Apple's contract with Qualcomm is expiring within a year. 4. Qualcomm diversifies into automotive and AI, mitigates risks. 5. Analysts maintain Buy ratings for Qualcomm with raised price targets.