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Reuters

Reuters

Qualcomm forecasts beats estimates, shares jump 11%

Reuters
Summary
Nutrition label

83% Informative

Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates.

The San Diego , California -based company is the biggest supplier of smartphone chips.

Qualcomm is benefiting from a recovery in the smartphone markets as consumers upgrade devices for artificial intelligence applications.

Investors are trying to gauge how quickly its revenue stream from Apple will fade.

VR Score

93

Informative language

99

Neutral language

85

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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