Revenue Gap Widens Between Intel and Qualcomm: Intel $16.1 Billion vs. Qualcomm $9.9 Billion
INTC Intel Corp
$86.96 +1.72%
View chart & analysis → - 1Intel recorded $16.1 billion in recent quarterly revenue, while Qualcomm fell to $9.9 billion, marking the largest gap in eight quarters.
- 2Intel recently completed a $20 billion common stock offering.
- 3Qualcomm has set a goal to increase revenue by $20 billion by 2029.
So what's the key point?
Intel's revenue reached $16.1 billion, but Qualcomm's decreased to $9.9 billion, creating a very large difference between the two companies. Intel raised funds by issuing new shares, and Qualcomm made a plan to increase its revenue.
Source The Motley Fool +1 · View original ↗
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