Qualcomm's Metaverse Opportunity is Coming into Focus: Jeff Kagan

Looked at a certain way, Qualcomm's growth strategy is defining the direction of the entire wireless industry. They've been riding the wireless growth wave for decades, and more recently have expanded their focus to 5G, AI, IoT, the cloud and, perhaps most compellingly, the metaverse. Under new chief executive Cristiano Amon, the company's metaverse strategy, if played right, could translate to an even stronger growth opportunity moving forward for Qualcomm (QCOM) and its investors. It's another chance for Qualcomm to work with companies in other industries -- including healthcare, automotive, retail and more -- that are looking to transform their business models to remain competitive. The big news in this regard is the company's signing of an extended partnership with Facebook parent Meta (META).