Qualcomm (QCOM) Q2 FY26 earnings call

Qualcomm delivered strong Q2 results, driven by record automotive performance and continued diversification into IoT and data center AI. While near-term handset revenues faced headwinds from memory industry dynamics, the company is confident in its product leadership and the long-term growth opportunities presented by agentic AI across edge devices and the upcoming 6G transition, with a significant Investor Day planned to detail these initiatives.