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Qualcomm
QCOM · NASDAQSemiconductors
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Raw inputssand · metals · powerEquipmentthe machinesFoundrybuilds the chipChip designblueprints + softwareSystemsinto AI serversAI demandwho paysSISilicon wafersPWRGrid powerASMLASMLAMATApplied MaterialsLAMLam ResearchSSFSamsung FoundryTSMTSMCQCOMQualcommNUVNuvia5G5G modem-RFQTLQTL licensingARMArmREFReference platformsSSSamsungMIXiaomiOPOppoVVVivoHNHonorMOTMotorolaAUTOAutomakersAAApple+ device makers & licensees
Company details
Market cap
$185B
P/E ratio
17×
Div yield
2.0%
EPS (TTM)
$9.80
Profit margin
26%
Rev. growth
+9%
Revenue
$42B
Free cash flow
$11B
In plain English
Qualcomm designs the Snapdragon mobile chips and 5G modems inside most premium Android phones, is pushing into automotive and Snapdragon PCs with its Nuvia/Oryon CPU cores — and, uniquely, runs a high-margin patent-licensing business (QTL) that collects royalties on essentially every smartphone sold. It owns no fabs; TSMC and Samsung build the silicon.
In simple terms
What Qualcomm really sells
Qualcomm designs the Snapdragon mobile chips and 5G modems inside most premium Android phones, is pushing into automotive and Snapdragon PCs with its Nuvia/Oryon CPU cores — and, uniquely, runs a high-margin patent-licensing business (QTL) that collects royalties on essentially every smartphone sold. It owns no fabs; TSMC and Samsung build the silicon.
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Risk read
Moderate
SteadierMore speculative
Why this rating?