Motley Fool Money Tech Trends with Qualcomm’s CFO
Jul 10, 2022
Akash Palkhiwala, the CFO of Qualcomm, shares insights into the dynamic world of technology and innovation. He discusses how artificial intelligence and cloud-connected cars are reshaping industries. The conversation highlights the evolving role of personal computers in this technological landscape. Palkhiwala unveils an 'almost unlimited' market opportunity driven by the rise of connected devices. He also touches on Qualcomm's pivotal contributions to advancements in 5G, AI, and the metaverse, showcasing the company's influence in the future of tech.
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Chip Industry's Transformation
- The chip industry's cyclicality might decrease due to persistent connectivity and growing tech trends.
- Long-term tech trends will drive sustained growth in chip demand and silicon content.
Qualcomm's AI Opportunity
- Qualcomm's strength in AI is not widely recognized, but it's a significant opportunity.
- AI has diverse applications across industries, from enhancing camera features to improving automotive and manufacturing processes.
Qualcomm's Automotive Strategy
- Qualcomm's automotive strategy involves leveraging its mobile technologies through the "digital chassis."
- This offers cloud connectivity, improved in-car experiences, ADAS technologies, and software solutions.