**Tech Titan’s Cash Windfall**
Qualcomm, a stalwart in the semiconductor industry, is riding high. Its market capitalization has surged a staggering 50% this year, propelling it to a whopping $190 billion valuation. As the company’s fiscal year draws to a close in September, its diverse businesses are poised to generate a remarkable $11 billion in excess cash. With this war chest at its disposal, Qualcomm is weighing its options, poised to make a significant move that could further propel its growth trajectory.
Leave a Reply