Qualcomm, a pioneer in wireless technology, faces challenges as Apple develops its own silicon, smartphone chip sales decline, and generative AI becomes more prominent.

Qualcomm is known for its wireless technology, powering nearly all smartphones with its patented core technologies.

Qualcomm is exploring generative AI and aims to run AI models locally for improved performance and cost efficiency.

Apple, a significant source of Qualcomm's revenue, plans to move away from Qualcomm chips in its iPhones.

Qualcomm is expanding into the automotive industry, providing technology for connected cars.

Qualcomm is involved in AR/VR development, collaborating with companies like Meta, Microsoft, Google, and Samsung.

Qualcomm is entering the PC CPU market with Arm-based processors, aiming for inclusion in laptops by 2024.

Qualcomm's focus is on enabling generative AI in various devices.

Facing competition from Apple and dealing with uncertainties in the smartphone market.

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