Keep pulling the thread on Nicole.
Qualcomm's automotive business is projected to exit fiscal year 2026 with $6 billion in annualized revenue.
Qualcomm will begin deploying its full suite of products across all Stellantis vehicle platforms starting in model year 2028.
As part of its partnership with Stellantis, Qualcomm will power the automaker's self-driving stacks with its silicon.
Stellantis is moving to a single, common, harmonized vehicle architecture across its entire global fleet.
Qualcomm is the dedicated supplier for Stellantis' next-generation silicon, self-driving software, and connectivity.
Qualcomm's automotive business revenue has grown 8x over the last 6 years.
The Qualcomm partnership with Stellantis will cover all of the automaker's brands, including Chrysler, Fiat, Dodge, Peugeot, and Citroën.
The Qualcomm and Stellantis partnership covers all of Stellantis's global markets except for China.
Qualcomm's expanded partnership with Stellantis will cover ADAS, cockpit, and telematics systems.
Qualcomm's automotive business has been growing at a rate of over 25% annually for the last several years.
Qualcomm is working with Chinese EV makers, Toyota, Honda, BMW, and Mercedes-Benz in its automotive division.
Street and company guidance forecast that Qualcomm will have over $42 billion in revenue for the current fiscal year.