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Story summary
- Qualcomm Inc. reported fiscal second-quarter revenue of $9.39 billion, a 17% increase from $8.06 billion a year earlier.
- Net income rose to $2.81 billion and adjusted diluted earnings per share climbed to $2.85 from $2.44 a year earlier.
- Snapdragon chipsets powered premium Android phones and edge-computing devices, helping maintain a 55% gross margin and a 30% operating margin.
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