KeyBanc downgraded qualcomm's rating from "shareholding" to "Neutral". The firm stated that qualcomm, seen as a key player in edge ai markets such as PCs and smart phones, has not yet realized meaningful growth, and is expected to not fundamentally benefit from the device's upgrade cycle. In addition, the firm expects that qualcomm's key customer apple will shift to in-house modems over the next few years.
KeyBanc：下调高通评级至“中性” 边缘人工智能市场尚未实现有意义的增长
KeyBanc: Downgraded qualcomm's rating to "Neutral" as the edge ai market has not yet realized meaningful growth.
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