Exceeding Revenue and EPS Guidance
In fiscal Q4, Qualcomm delivered revenues of $11.3 billion and non-GAAP earnings per share of $3, both exceeding the high end of their guidance range.
Record Automotive Revenues
Qualcomm's QCT segment achieved record automotive quarterly revenues exceeding $1 billion, marking a 17% year-over-year growth.
Strong Growth in IoT and Automotive
IoT revenue grew 7% year-over-year, while automotive revenue saw a 36% increase.
Significant Achievements in AI and Data Center
Qualcomm announced its entry into AI data centers with AI inference optimized AI200 and AI250 SoCs and secured its first customer, HUMAIN.
New Product Launches and Partnerships
Introduced Snapdragon 8 Elite Gen 5 mobile platform and formed a partnership with BMW for Snapdragon Ride Pilot in automotive.
Strong Performance in Non-Apple QCT Revenues
Non-Apple QCT revenues saw 18% year-over-year growth.