Ben Gilbert: prediction

Transcript context

…Probably what Qualcomm really wants is $20 from Apple for every iPhone. I think that's a reasonable path forward. The CEO is pitching a much broader story than that to shareholders these days. What Qualcomm actually wants is for the NUVIA team to invest where they see the frontier going, where they see a much bigger TAM. Where Qualcomm sees a multi-hundred billion dollar opportunity, and that is IoT automotive and the RF frontend. They describe phone modems and phone systems on a chip as almost like a legacy business and they're highlighting these other areas as the growth business as the frontiers. But either way, NUVIA seems to be the ticket. Because if you can custom design chips using the ARM ISA, but be the performance of Apple Silicon, I don't care what you're putting those in. That's a really good powerful thing. Even for the technology industry writ large. Just like with Android, you had an iPhone rivaling operating system available off the shelf for any kind of application that let a million flowers bloom. To have the same thing for Apple Silicon, that's pretty cool.…

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