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2026 › June › 24
Qualcomm
32 days ago
Announcement of deal along with higher revenue outlook boost shares as much as 15%
Qualcomm announces AI data center CPU, signs Meta as first major customer ○
Qualcomm's primary business has been smartphones, which accounted for two-thirds of the company's product revenue in it's most recent quarter.
Qualcomm inks deal for AI startup Modular to bolster software stack, data center buildout ⊕
Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.
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