Qualcomm CEO explains why the chips story is ‘probably as good as it gets’

Qualcomm CEO explains why the chips story is ‘probably as good as it gets’

Semiconductor stocks have had a rough few months, and Deutsche Bank recently released a report projecting that this earning season could reveal more signs of weakness.

Qualcomm (QCOM) CEO Cristiano Amon continues to project optimism about where demand for chips is headed — at least, long-term. He contends that the chip shortage that began at the onset of COVID-19 forced people beyond the industry to understand the importance of semiconductors. Qualcomm’s chips are in products as varied as…


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