In late March 2026, Qualcomm announced a US$20.00 billion share buyback and lifted its quarterly dividend from US$0.89 to US$0.92 per share, even as analysts issued mixed views on its prospects beyond smartphones. These shareholder-friendly moves, alongside concerns about handset headwinds and the Apple relationship, highlight how Qualcomm is using capital returns to support investor confidence while its diversification into automotive, PCs, and data centers is still developing. Next, we’ll...