Latest news with #Autotalks
Globe and Mail
10-06-2025
- Automotive
- Globe and Mail
QCOM Gains Traction in Automotive: Will It Deliver Sustainable Growth?
Qualcomm Incorporated QCOM has been witnessing solid momentum in the automotive segment over the past few quarters. During the second quarter of 2025, the company reported staggering 59% year-over-year growth in this segment. It boasts a worldwide client base that includes leading automakers and technology companies like General Motors, BMW, Mercedes-Benz, Renault Group, Royal Enfield, Volvo, Google and more. Over the past few years, Qualcomm has taken an approach of continuous innovation with strategic acquisitions to expand into the automotive market. Since the acquisition of Veneer, Inc., the company has steadily gained a strong foothold in the emerging market of driver-assistance technology. The Arriver business of Veoneer operates the dedicated software unit focused on sensor perception and drive policy, including a full stack of features and functions. With this buyout, Qualcomm has integrated Arriver's Computer Vision, Drive Policy and Driver Assistance assets into its ADAS (Advanced Driver Assistance System) portfolio. It has allowed QCOM to deliver an open and competitive platform for automakers to better compete with rivals within the self-driving vehicle market. The company recently acquired Autotalks, an industry leader in direct vehicle-to-everything communication technology. Integration of Autotalks' robust portfolio of automotive-qualified global V2X solutions will facilitate the development of leading-edge, reliable solutions to enhance road safety and optimize traffic efficiency. Growing demand for the company's Snapdragon Digital Chassis product portfolio, which includes telematics and connectivity platforms, digital cockpit and C-V2X solutions, is expected to drive growth in automotive in the near term. In the second quarter, Qualcomm secured 30 new designs, including five ADAS programs and designs from Chinese automakers such as Nio, Zeekr, Great Wall, Dongfeng and more. Per our estimate, the company is expected to generate $3.7 billion in revenues from the automotive segment, indicating 27.3% year-over-year growth. How Are Competitors Faring? In the automotive segment, the company faces competition from the NVIDIA Corporation NVDA and Intel Corporation INTC. NVIDIA DRIVE solutions include a comprehensive stack of hardware and software tools designed to support autonomous vehicles. It is also swiftly working on V2X technology, specifically in AI-driven connectivity for autonomous vehicles. With a vast client base that includes Mercedes-Benz, Li Auto, General Motors, Toyota and several other prominent automakers, NVIDIA has gained solid market traction in the AI-driven autonomous driving space. Intel's Mobileye has rapidly expanded in the autonomous car technology market. Mobileye's technologies related to cameras, in-car networking, sensor chips, roadway mapping, cloud software, machine learning and data management are gaining popularity among automakers. More than 70 million vehicles from BMW, Volkswagen, Ford and Nissan use Intel's Mobileye for driver assistance. However, with the integration of advanced V2X and a broader portfolio of digital cockpit, infotainment and connectivity, Qualcomm is expected to maintain its competitive edge in the automotive vertical. QCOM's Price Performance, Valuation and Estimates QCOM shares have declined 25.5% over the past year against the industry 's growth of 18.1%. Image Source: Zacks Investment Research Going by the price/earnings ratio, the company's shares currently trade at 12.87 forward earnings, lower than 30.31 for the industry and the stock's mean of 17.79. It carries a Value Score of A. Image Source: Zacks Investment Research Earnings estimates for 2025 have decreased 0.17% to $11.8 per share over the past 60 days, while the same for 2026 have decreased 3.18% to $12.19. Qualcomm stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report
Globe and Mail
09-06-2025
- Automotive
- Globe and Mail
QCOM Expands V2X Portfolio With Strategic Buyout: Is the Stock a Buy?
Qualcomm Incorporated QCOM recently announced that its subsidiary, Qualcomm Technologies, Inc has acquired Autotalks, a pioneer in the vehicle-to-everything (V2X) communication systems. The V2X system has emerged as one of the key enablers of creating a safer and efficient traffic system. The system facilitates communication between vehicles, pedestrians and connected roadway infrastructure. It creates a robust and real-time information sharing systems that offer alerts related to various road hazards, weather conditions, and traffic signals. The system can also enhance advanced driver-assistance systems and automated driving features. Urban authorities worldwide are aiming to incorporate the V2X communication to optimize traffic flow, enhance public safety, reduce congestion and drive transportation efficiency. Improved connectivity infrastructure with accelerated 5G adoption is a key catalyst for V2X proliferation. Qualcomm is steadily expanding its Snapdragon Digital Chassis product portfolio to capitalize on this emerging trend. The acquisition of Autotalks is a strategic step towards that direction. Autotalks V2X solutions are compliant with global communication standards such as DSRC (Dedicated Short-Range Communications) and C-V2X (Cellular Vehicle-to-Everything). With this buyout, Qualcomm will gain access to Autotalks' comprehensive V2X expertise based on decades of innovation. This will enable Qualcomm to offer an extensive suite of automotive-qualified global V2X solutions for installation in vehicles, as well as 2-wheelers and roadside infrastructure. QCOM Rides on Robust Demand & Portfolio Strength The growing proliferation of EDGE networking that transforms connectivity in cars, business enterprises, homes, smart factories, next-generation PCs, wearables and tablets is a key growth driver for Qualcomm. The company recently inked a multi-year deal with Xiaomi, extending its long-standing partnership with the Chinese smartphone maker. QCOM has been Xiaomi's technology partner in multiple ventures encompassing smartphones, automotive and more. Following the recent deal, Xiaomi is expected to adopt Qualcomm's next-generation premium Snapdragon 8-series in its premium smartphone. The partnership also aims to expand into the domain of EDGE devices, including AR/VR glasses, smart home products, wearables, tablets and more. Aramco Digital, a prominent technology company in Saudi Arabia, is collaborating with Qualcomm to develop leading-edge AI industrial IoT technologies and solutions to drive digital transformation across major sectors nationwide. It has also formed a partnership with e&, a global technology group. The collaboration is expected to focus on the development of advanced edge AI devices and deploy transformation technologies in the UAE's essential sectors, including energy, manufacturing, logistics, retail and smart mobility. These factors show growing traction of Qualcomm's industry-leading capabilities in the smartphone and IoT markets. The company is doubling down on innovation to continue to hold its dominant position in the smartphone industry. It recently introduced the cutting-edge Snapdragon 7 Gen 4 Mobile Platform. The new platform offers 65% improvement in AI performance, ensuring seamless support for large language models and various other AI capabilities. Seamless multitasking and enhanced system responsiveness highlight a significant improvement in CPU performance. Improved framerates and smoother gameplay are facilitated by major advancements in GPU rendering. This will significantly boost the company's commercial prospects in the mid-range smartphone segment. Image Source: Zacks Investment Research Major Challenges for Qualcomm Qualcomm operates in a highly cyclical semiconductor industry influenced by rapid technological shifts and high competition. This demands rapid and continuous investment in technological advancements, which strains the margin. NVIDIA Corporation NVDA is emerging as a major competitor for Qualcomm in automotive. NVIDIA Drive solutions offer hardware and software tools that developers need for autonomous vehicle development. QCOM is also facing stiff competition from Intel Corporation INTC in the emerging field of AI PCs. Moreover, long-time customers such as Apple and Samsung's focus on in-house chip development is a major concern. Qualcomm has a significant presence in China. A vast part of its customers includes Chinese manufacturers, which further clouds the revenue-generating potential owing to the strained bilateral trade relationship with the United States. The imposition of high tariffs can significantly impact Qualcomm's revenue stream. Moreover, Qualcomm has conducted several strategic acquisitions to expand its portfolio to cater to the automotive, AI and IoT markets. Although its aggressive acquisition spree can boost market opportunity, it also raises integration risks. Price Performance QCOM shares have declined 26.4% over the past year against the industry 's growth of 18.7%. The company has outperformed Intel but underperformed relative to NVIDIA. Intel has declined 33.5%, while NVIDIA has increased 18%. Image Source: Zacks Investment Research Estimate Revision Trend of QCOM Earnings estimates for 2025 have decreased 0.25% to $11.81 over the past 60 days, while the same for 2026 has decreased 3.18% to $12.19. This portrays bearish sentiments about the stock's growth potential from investors. End Note Qualcomm is witnessing healthy market traction in the automotive, Android handset and industrial IoT markets. Its new Snapdragon 7 Gen 4 Mobile Platform is already witnessing solid momentum, as major mobile makers such as HONOR and Vivo are set to adopt the chipset. Its efforts to strengthen its business model, revenue diversification, and portfolio expansion through a combined approach of innovation and acquisitions are positive. However, Qualcomm's extensive reliance on China and growing Sino-U.S. trade uncertainties are major concerns. Growing competition in each of its served markets is weighing on margins. Downtrend in estimate underscores investors' growing concern about the company's long-term prospects. With a Zacks Rank #3 (Hold), Qualcomm appears to be treading in the middle of the road, and investors could be better off if they trade with caution. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report
Yahoo
07-06-2025
- Automotive
- Yahoo
Qualcomm Acquires Autotalks to Advance V2X and Road Safety
QUALCOMM Incorporated (NASDAQ:QCOM) announced that its subsidiary, Qualcomm Technologies, Inc., has completed its acquisition of Autotalks, a leading provider of vehicle-to-everything (V2X) communication solutions. V2X technology allows vehicles to communicate directly with their surroundings, playing a key role in improving road safety and traffic efficiency. With this acquisition, automakers and industry partners will gain access to a full suite of ready-to-deploy, automotive-grade V2X solutions designed for use in vehicles, roadside infrastructure, and even two-wheelers. These tools aim to address safety and traffic challenges while supporting the development of advanced safety features and enhanced experiences in assisted and automated driving for next-generation vehicles. Nakul Duggal, Group GM, Automotive and Industrial & Embedded IoT, Qualcomm Technologies, Inc., made the following comment: 'We are thrilled to welcome Autotalks' highly skilled and experienced team to Qualcomm Technologies. As automotive systems grow more complex, the importance of safety features has never been higher. Together, we will deliver reliable, cutting-edge solutions to enhance road safety and optimize traffic efficiency. We've been investing in V2X technologies since 2017, recognizing their potential to improve road safety. This acquisition is a strategic step in our ongoing efforts, advancing V2X solutions further for connected and automated vehicles, while driving global deployment, and strengthening our Snapdragon® Digital Chassis™ product portfolio.' Founded in 2008, Autotalks is a fabless semiconductor company that created the first dedicated V2X chipset and continues to lead the market with its advanced, innovative technologies. QCOM has surged by nearly 6% in the past month. While we acknowledge the potential of QCOM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Automotive
- Yahoo
Qualcomm enhances V2X capabilities with Autotalks acquisition
Qualcomm Technologies has completed the acquisition of Autotalks to boost vehicle-to-everything (V2X) deployments, improve road safety, and enhance automated driving and traffic efficiency. Founded in 2008, Autotalks is a fabless semiconductor company specialising in V2X communications. The acquisition integrates Autotalks' products into Qualcomm's Snapdragon Digital Chassis portfolio, supporting all key global communication standards, including DSRC and C-V2X, which cover LTE-V2X and 5G-V2X. Qualcomm Technologies Automotive and Industrial & Embedded IoT Group GM Nakul Duggal said: 'We are thrilled to welcome Autotalks' highly skilled and experienced team to Qualcomm Technologies. As automotive systems grow more complex, the importance of safety features has never been higher. Together, we will deliver reliable, cutting-edge solutions to enhance road safety and optimize traffic efficiency. 'We've been investing in V2X technologies since 2017, recognizing their potential to improve road safety. This acquisition is a strategic step in our ongoing efforts, advancing V2X solutions further for connected and automated vehicles, while driving global deployment, and strengthening our Snapdragon® Digital Chassis™ product portfolio.' These solutions are designed for deployment in roadside infrastructure, vehicles, and two-wheelers, enabling direct communication to address safety and efficiency challenges. Furthermore, they are set to enhance the development of advanced safety features and premium experiences in assisted and automated driving for next-generation vehicles. Autotalks' existing DSRC and C-V2X programmes will continue to receive support, with a roadmap focused on enhancing safety for all road users. The integration of Autotalks' solutions into safety-grade architectures ensures compatibility and effectiveness across various regions and vehicle types. Qualcomm claims V2X technologies to reduce collisions by allowing vehicles to communicate directly with each other and their surrounding environment. In April 2025, Qualcomm Technologies and ECARX announced an expansion of their collaboration to develop a broader range of intelligent vehicle systems. "Qualcomm enhances V2X capabilities with Autotalks acquisition" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Automotive
- Yahoo
Qualcomm Acquires Autotalks to Advance V2X and Road Safety
QUALCOMM Incorporated (NASDAQ:QCOM) announced that its subsidiary, Qualcomm Technologies, Inc., has completed its acquisition of Autotalks, a leading provider of vehicle-to-everything (V2X) communication solutions. V2X technology allows vehicles to communicate directly with their surroundings, playing a key role in improving road safety and traffic efficiency. With this acquisition, automakers and industry partners will gain access to a full suite of ready-to-deploy, automotive-grade V2X solutions designed for use in vehicles, roadside infrastructure, and even two-wheelers. These tools aim to address safety and traffic challenges while supporting the development of advanced safety features and enhanced experiences in assisted and automated driving for next-generation vehicles. Nakul Duggal, Group GM, Automotive and Industrial & Embedded IoT, Qualcomm Technologies, Inc., made the following comment: 'We are thrilled to welcome Autotalks' highly skilled and experienced team to Qualcomm Technologies. As automotive systems grow more complex, the importance of safety features has never been higher. Together, we will deliver reliable, cutting-edge solutions to enhance road safety and optimize traffic efficiency. We've been investing in V2X technologies since 2017, recognizing their potential to improve road safety. This acquisition is a strategic step in our ongoing efforts, advancing V2X solutions further for connected and automated vehicles, while driving global deployment, and strengthening our Snapdragon® Digital Chassis™ product portfolio.' Founded in 2008, Autotalks is a fabless semiconductor company that created the first dedicated V2X chipset and continues to lead the market with its advanced, innovative technologies. QCOM has surged by nearly 6% in the past month. While we acknowledge the potential of QCOM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
