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Qualcomm is betting big on data centers as smartphone sales sink | AI Tool Hub

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The Verge

November 4, 2026

Qualcomm is betting big on data centers as smartphone sales sink

By AI Tool Hub Analyst

"With smartphone sales tanking by around 20 percent compared to 2025, Qualcomm is looking to data centers to help boost its bottom line. During its Q4 2026 earnings call, the company laid out its plans to make a splash in the AI data center business, through partnerships with companies like Amazon and Meta announced earlier this year. The company expects that portion of its business to grow quickly, forecasting around $650 million in data center revenue during the first quarter of 2027. But it an"

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Original Source

This analysis is based on reporting originally published by The Verge.

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