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Qualcomm expects to grow its entire chip business 12%+ by 2024, with IoT sales of $9B, up from $5B; automotive to grow to $8B in 10 years; stock closes up 7.89% (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Qualcomm expects to grow its entire chip business 12%+ by 2024, with IoT sales of $9B, up from $5B; automotive to grow to $8B in 10 years; stock closes up 7.89%  —  – Qualcomm stock rose as much as 7% on Tuesday after it issued bullish forecasts at an investor’s conference in New York.