Revenue Growth Analysis: QUALCOMM vs. Applied Materials

A Decade of Financial Performance

Over the past decade, QUALCOMM Incorporated and Applied Materials, Inc. have demonstrated significant revenue growth, reflecting their pivotal roles in the technology sector. From 2014 to 2024, QUALCOMM's revenue surged by approximately 47%, peaking at nearly $39.96 billion in 2024. This growth underscores QUALCOMM's strategic advancements in wireless technology and semiconductor solutions.

In contrast, Applied Materials, a leader in materials engineering solutions, experienced a remarkable 200% increase in revenue, reaching $27.18 billion in 2024. This growth trajectory highlights the company's innovation in semiconductor and display technology.

Both companies have shown resilience and adaptability, with QUALCOMM's revenue consistently surpassing that of Applied Materials. However, Applied Materials' rapid growth rate suggests a promising future. This analysis provides a comprehensive view of their financial evolution, offering valuable insights for investors and industry enthusiasts.