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Qualcomm Can Grow Even as U.S. EV Sales Fall

Source: 247wallst.com

Automotive & EVConsumer Demand & RetailCorporate EarningsCompany Fundamentals
Qualcomm Can Grow Even as U.S. EV Sales Fall

U.S. battery-electric vehicle sales fell 29.2% through September, while conventional hybrid sales rose 22.4%. Qualcomm reported automotive revenue growth of 61.4% year over year and 19.8% sequentially in its latest reported quarter.

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