The Chips & Payments Pulse
Semiconductor and payment companies are both in focus this earnings season, so let’s check in on what Qualcomm and PayPal are saying.
First, we’ll start with Qualcomm, whose fortunes are tied directly to the smartphone industry. Like other consumer electronics and goods, the industry has been dealing with a two-year hangover following rapid pandemic-era growth. As a result, it’s been watched closely by investors.