This article first appeared on GuruFocus. Qualcomm (NASDAQ:QCOM) issued stronger-than-expected first-quarter sales guidance Wednesday, but shares still fell more than 6% after hours as weakness in smartphones overshadowed rapid growth in AI data centers, automotive and other newer businesses. Warning! GuruFocus has detected 2 Warning Sign with QCOM. Is QCOM fairly valued? Test your thesis with our free DCF calculator.QCOM GF Value chart The chipmaker forecast fiscal first-quarter revenue of $10.4 billion to $11.2 billion, above Wall Street expectations. Qualcomm also reiterated that fiscal 2027 should mark an important inflection point, with non-handset revenue expected to grow more than 60% year over year.
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