Qualcomm, known for its smartphone chips, is diving into the hot market for AI data center computers. Qualcomm stock rose Thursday.
Qualcomm Stock Rises As Chipmaker Jumps Into AI Data Center Market
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Qualcomm (QCOM), known for its smartphone chips, is diving into the hot market for AI data center computers. Qualcomm stock rose on the news Thursday. The San Diego, Calif.-based company laid out its data center infrastructure strategy late Wednesday at an investor event in New York City. Qualcomm is targeting revenue of more than $15 billion from the data center…
Qualcomm stock surged over 13% after doubling its non-handset revenue target to $40 billion by fiscal 2029, with $15 billion…
Qualcomm is on a big run, powered by investor bullishness that the company will be at the center of a boom in AI devices.
QCOM stock surges as Qualcomm targets $15B in data center AI revenue by FY29 and signs a major server CPU deal with Meta.
Qualcomm shares rise 2%+ as full-stack AI strategy gains steam. Check out QCOM's technical outlook, earnings preview, and targets.
June 24 : Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into…
June 24 : Qualcomm said on Wednesday that Microsoft and Meta Platforms will use its new AI chips and that it will make custom…
Qualcomm stock soars as Wall Street reacts to strong numbers
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