Qualcomm vs Walmart: Founders, CEOs and History
Qualcomm was founded in 1985 by Irwin Jacobs, Andrew Viterbi and is led by Cristiano Amon. Walmart was founded in 1962 by Sam Walton and is led by John Furner.
Company facts
Founders
Qualcomm
Irwin Jacobs
Irwin Jacobs is an American electrical engineer who co-founded Qualcomm and was its first CEO. He had been a professor at UC San Diego and had co-founded Linkabit.
Andrew Viterbi
Andrew Viterbi brought the deepest technical credentials of Qualcomm's founding team, combining top academic training in communications theory with practical experience in defense and commercial digital systems.
Walmart
Sam Walton
Sam Walton opened the first Walmart Discount City in Rogers, Arkansas in 1962 and built the company around low prices, low costs, and its own distribution network. He served as CEO until 1988 and remained chairman until his death in 1992.
CEOs and their tenures
Qualcomm
- Steve Mollenkopf2013–2021
Chief Executive Officer
As CEO, he navigated the company through brutal antitrust litigation with Apple and the FTC, securing the critical 5G licensing agreements that stabilized Qualcomm's revenue model.
Source - Akash Palkhiwala2019–present
Chief Financial Officer and Chief Operating Officer
As CFO, he executed massive share repurchase programs and maintained strong gross margins despite extreme volatility in global smartphone demand.
Source - Cristiano Amon2021–present
President and Chief Executive Officer
Cristiano Amon, a Brazilian electrical engineer, joined Qualcomm in 1995 and led its QCT chip business and president role before becoming CEO on June 30, 2021, succeeding Steve Mollenkopf.
Source
Walmart
- Sam Walton1962–1988
Founder and CEO
Founded Walmart and set its low-price, low-cost operating approach.
Source - Doug McMillon2014–2026
Former President and CEO
Led Walmart's push into ecommerce, marketplace, advertising, and store-fulfilled delivery, and oversaw the Jet.com, Flipkart, and VIZIO deals.
Source - Greg Penner2015–present
Chairman of the Board
He successfully managed the transition of corporate leadership to Doug McMillon and actively oversees the Walton family's controlling stake in the retail giant.
Source - John David Rainey2022–present
Executive Vice President and CFO
As CFO, he aggressively executed multi-billion-dollar share repurchases while funding massive capital expenditures for store remodels and automation.
Source - John Furner2026–present
President and CEO
Became President and CEO on February 1, 2026, succeeding Doug McMillon. He reshaped the executive team with internal promotions in January 2026.
Source - David Guggina2026–present
President and CEO, Walmart U.S.
As head of supply chain operations, he modernized the underlying logistics network that allowed Walmart to successfully compete with Amazon's two-day delivery speeds.
Source
Timeline: Qualcomm and Walmart side by side
1962Walmart
First Walmart Opens
Sam Walton opens the first Walmart Discount City in Rogers, Arkansas.
1970Walmart
Walmart Goes Public
Walmart sells shares to the public to fund expansion.
1983Walmart
Sam's Club Launches
The first Sam's Club warehouse club opens in Midwest City, Oklahoma.
1985Qualcomm
Qualcomm Founded
Irwin Jacobs, Andrew Viterbi, and five colleagues found Qualcomm Incorporated in San Diego, California, initially operating as a telecommunications consulting and research firm from a converted restaurant building.
1988Qualcomm
OmniTRACS Commercial Launch
Qualcomm commercially launches OmniTRACS, a satellite-based two-way messaging and positioning system for long-haul trucking that becomes the company's first profitable product and funds ongoing CDMA research.
1988Walmart
First Supercenter and New CEO
Walmart opens its first supercenter, and David Glass succeeds Sam Walton as CEO.
1989Qualcomm
First Live CDMA Demonstration
Qualcomm conducts its first outdoor live CDMA demonstration in San Diego, proving the technology works in real-world conditions and attracting serious attention from U.S. Cellular carriers and equipment manufacturers.
1991Qualcomm
Initial Public Offering
Qualcomm goes public on the Nasdaq Stock Market in December 1991, raising approximately $43 million at $16 per share in an IPO that gives the company capital to accelerate CDMA commercialization.
1993Qualcomm
IS-95 CDMA Standard Adopted
The Telecommunications Industry Association formally adopts IS-95, a CDMA standard based substantially on Qualcomm's technology, as an approved digital cellular standard in the United States validating the company's decade-long technological bet.
1995Qualcomm
First Commercial CDMA Network Launched
Sprint PCS launches the first commercial CDMA cellular network in the United States, using Qualcomm-based technology and marking the beginning of large-scale commercial deployment that would define U.S. Wireless infrastructure for the next twenty years.
1999Qualcomm
Strategic Exit from Infrastructure and Handsets
Qualcomm sells its network infrastructure division to Ericsson and its handset manufacturing business to Kyocera, focusing the company entirely on chip design and patent licensing a strategic concentration that defines its business model to the present day.
2000Walmart
Lee Scott Becomes CEO
Lee Scott succeeds David Glass as CEO.
2007Qualcomm
Snapdragon Platform Introduction
Qualcomm introduces the Snapdragon brand for its mobile system-on-chip processors, establishing a consumer-facing identity for its mobile silicon that would become synonymous with premium Android smartphone performance over the following decade.
2014Walmart
Doug McMillon Becomes CEO
Doug McMillon, who started as an hourly associate in 1984, becomes CEO.
2016Walmart
Jet.com Acquisition
Walmart buys Jet.com for about $3.3 billion to strengthen its U.S. ecommerce team.
2018Walmart
Flipkart Investment
Walmart acquires a majority stake in Flipkart for about $16 billion.
2019Qualcomm
Apple Settlement and Licensing Agreement
Following years of contentious litigation, Qualcomm and Apple reach a global settlement in April 2019 covering all pending litigation worldwide, with Apple agreeing to a multi-year chip supply deal and a licensing arrangement reportedly involving back payments…
2021Qualcomm
Nuvia Acquisition
Qualcomm acquires Nuvia, a CPU startup founded by former Apple Silicon architects, for approximately $1.4 billion, bringing custom CPU design capabilities in-house that power the Oryon cores in Snapdragon 8 Elite and Snapdragon X Elite PC chips.
2023Qualcomm
Snapdragon X Elite PC Platform Launch
Qualcomm launches the Snapdragon X Elite and Snapdragon X Plus platforms for Windows PCs, powering Microsoft's Copilot+ PC initiative and marking the company's most significant push into personal computing since the failed Snapdragon 835 PC effort in 2017.
2024Qualcomm
Snapdragon 8 Elite Launch
Qualcomm launches the Snapdragon 8 Elite, its first phone chip with custom Oryon CPU cores, built on TSMC's 3nm process.
2024Walmart
VIZIO Acquisition
Walmart completes its $2.3 billion purchase of smart-TV maker VIZIO to expand its advertising business.
2025Qualcomm
Alphawave Semi Acquisition Completed
Qualcomm completes its roughly $2.4B purchase of Alphawave Semi to accelerate data center connectivity products.
2026Qualcomm
Q2 FY2026 Results and $20B Buyback Authorization
Qualcomm reports Q2 FY2026 revenue of $10.599B, record quarterly QCT automotive revenue, 20% year-over-year growth in combined QCT automotive and IoT revenue, and a new $20B repurchase authorization.
2026Qualcomm
Q3 FY2026 Results and $40B Non-Handset Target
Qualcomm reports Q3 FY2026 revenue of $9.9B (down 4%), automotive revenue up 61% to $1.6B, and raises its FY2029 non-handset revenue target to $40B.
2026Walmart
John Furner Becomes CEO
John Furner succeeds Doug McMillon as President and CEO effective February 1, 2026; David Guggina takes over Walmart U.S.
2026Walmart
Q2 FY27 Results
Walmart reports Q2 FY27 revenue of $187.9 billion, up 5.9%, and raises full-year sales and operating income guidance.
Acquisitions
Qualcomm
- Modular2026$3.9B
- Alphawave Semi2025$2.4B
- Veoneer Active Safety (ADAS Division)2022$4.5B
- Nuvia2021$1.4B
- RF360 Holdings (joint venture buyout)2019Undisclosed
- Atheros Communications2011$3.1B
Questions about Qualcomm vs Walmart
Who is the CEO of Qualcomm Inc. and Walmart Inc.?
Qualcomm Inc. is led by Cristiano Amon and Walmart Inc. is led by John Furner. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Qualcomm Inc. founded vs Walmart Inc.?
Walmart Inc. was founded in 1962 — 23 years before Qualcomm Inc., which was founded in 1985. Walmart Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Qualcomm Inc..
How many employees does Qualcomm Inc. have compared to Walmart Inc.?
Qualcomm Inc. employs approximately 52,000 people, while Walmart Inc. employs approximately 2,100,000. Walmart Inc. has the larger workforce at 2,100,000 employees, compared to Qualcomm Inc.'s 52,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Qualcomm Inc. and Walmart Inc. headquartered?
Both Qualcomm Inc. and Walmart Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Qualcomm Inc. and Walmart Inc.?
Qualcomm Inc. was founded by Irwin Jacobs, Andrew Viterbi. Walmart Inc. was founded by Sam Walton.
Which company has a longer operating history — Qualcomm Inc. or Walmart Inc.?
Walmart Inc. has been operating for approximately 64 years, making it the more established of the two companies. Qualcomm Inc. has been in operation for around 41 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Qualcomm vs Walmart overview