Qualcomm anticipates $4 billion in PC chip sales by 2029 as it diversifies beyond smartphones, aiming for an additional $22 billion in revenue from new markets. CEO Cristiano Amon highlighted the company"s strategy to leverage existing technologies in sectors like automotive and virtual reality, with a total addressable market of $900 billion. Despite potential losses from Apple ceasing component purchases by 2027, Qualcomm expects growth in automotive and industrial chips to offset this impact.
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