The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Qualcomm

Capital · deployed

TTM buybacks ~$11.8B + dividends ~$3.8B (>$15B/yr returned to shareholders); capex ~$1.8B; auto/IoT + datacenter R&D

high confidence · as of 2026-07-26 · about Qualcomm

Sourced figures 1


the working

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