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Qualcomm reports record $11.67B revenue, yet stock dips due to lower licensing income.
Qualcomm reported a 17% rise in revenue to a record $11.67 billion for its first quarter, driven by a 20% increase in chip revenue to $10.1 billion.
Despite strong results, its stock declined, partly due to lower-than-expected licensing revenue.
Analysts see the stock as undervalued, with potential growth in auto and IoT sectors, suggesting it could be a good buy.
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Qualcomm reporta ingresos de $11.67B, sin embargo, bajan las acciones debido a menores ingresos por licencias.