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Benzinga

Business

Adam Eckert

EXCLUSIVE: Qualcomm CFO Says Company Is 'Naturally Positioned' To Benefit From The Digital Transformation: 'The Opportunity In Front Of Us Is Unlimited'

Qualcomm Akash Palkhiwala Nasdaq QCOM Qualcomm Inc Samsung

QUALCOMM Inc (NASDAQ:QCOM) shares surged in July leading up to the company's quarterly results. A strong earnings report from the chipmaker at the end of the month helped to reinforce the recent rally.

"We had record revenue both in IoT and automotive, and within handsets, we saw tremendous year-over-year growth in a market that's been relatively challenged because of the overall macroeconomic situation," Qualcomm CFO Akash Palkhiwala said Thursday on Benzinga's "Stock Market Movers."

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