Qualcomm delivered a stellar Q2FY2024 with strong momentum in mobile, automotive, and the Internet of Things (IoT). The growth in adjacencies continues to impress, especially with record revenue in automotive, plus a positive outlook in other key segments – AI PCs as well as XR, amongst others.
Microsoft Soars on Cloud And AI Strength in Q3FY24
Microsoft reported a strong Q3FY4, driven by continued growth in its cloud business, Azure. Revenue reached $61.9Bn, a 17% increase YoY, with net income climbing 20% to $21.9Bn.
Samsung Q1 2024: Memory Muscles Flex, MX Maintains Momentum, But Display Dimness Persists
Samsung Electronics reported solid results in quarter ending March 2024, driven by strong sales of flagship Galaxy S24 smartphones and a rebound in the memory chip business.