https://www.investors.com/news/technology/qcom-stock-qualcomm-returns-to-growth-in-q1/?src=A00220
In a report, Chatterjee called the current smartphone recovery "modest." Also, Qualcomm's results and outlook likely benefited from inventory restocking ahead of product launches by Android handset vendors, he said.
Apparently it was not the recovery but inventory restocking that saved the day. Expect for a drop next quarter. For now CA and his sidekick AP gets to fool the employees for one quarter. They still have not stopped from chanting AI which is not helping one bit.