Qualcomm CEO: The importance of chips is generally accepted

According to industry news, Qualcomm's CEO Cristiano Amon said at a venture capital conference recently that when people are concerned about economic growth, they also start to care about chips. In this era of digital transformation and the digital economy becoming an important part, chips are necessary to improve efficiency. , the importance of chips is being generally accepted, and the future can be expected.

Cristiano Amon said that although the chip industry has been very unstable since the beginning of the global epidemic, there have been various shortages, which also reminds everyone of the importance of chips to a certain extent. Qualcomm, which currently supplies chips for a plethora of devices, including mobile phones, laptops, smart cars and virtual reality devices, said it was optimistic about the long-term future of the chip industry.

The current stock market volatility and rising inflation have affected all technology companies, including the semiconductor industry. Although Qualcomm's revenue and profits were better than expected last quarter, Qualcomm's stock price is currently down by about 40%. Qualcomm also said it saw some slowing growth for macroeconomic reasons.

Qualcomm has started a strategic deployment of business diversification since Cristiano Amon took office. Qualcomm Ventures in the investment field said that now is a better time to invest than imagined. Many large companies actually started and developed in difficult times. developed, don't think the current timing is bad.