The hosts discuss Qualcomm's primary focus on smartphone chips, highlighting their move into AI areas and the PC industry. They delve into Qualcomm's fiscal second quarter revenue and sales projections, as well as the performance of other tech companies in AI. The chapter concludes with a discussion on Qualcomm's CEO's statement about building on their momentum with Snapdragon platforms and generative AI.
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Bloomberg News Managing Editor of Technology and Global Cybersecurity Lynn Doan breaks down Qualcomm delivering a solid earnings forecast, helped by a recovering market for smartphone chips. Frank Sorrentino, Chairman & CEO at ConnectOne Bank, discusses what Fed policy means for banks and small businesses. And we Drive to the Close with Walter Todd, President and CIO at Greenwood Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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