Qualcomm automotive growth accelerating via Stellantis deal
Qualcomm's automotive business has been growing rapidly, with annualized revenue reaching $6 billion and growing 8x over six years. The expanded Stellantis partnership, deploying Snapdragon Digital Chassis across all brands outside China starting model year 2028, will further accelerate growth as automakers embrace AI and self-driving technology. Revenue is growing at 25%+ and similar trajectories are expected to continue.