On its 2021 Investor Day, Qualcomm Incorporated (QCOM) provided bullish growth targets and financial guidance through fiscal 2024. The company's shares jumped almost 8% on November 16 to close at $181.81. Recently, the company reported better-than-expected fiscal Q4 results. Notably, Qualcomm's top management also revealed its strategy to continue to lead in mobile, and expand to the connected intelligent edge. Moreover, the company forecasts continuing growth across revenue segments, including Handsets, RF Front-End, Automotive, and Internet of Things (IoT). The semiconductor company has also stated that it is expanding its chipset business to tap the growth potential for its technology.
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QUALCOMM (NASDAQ:QCOM)
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