# Qualcomm QCOM-Q shares jumped 10.3 per cent before the bell on Thursday.

*semiconductor · news · 2026-04-30 · The Globe and Mail*

## Key points

- Qualcomm will begin shipping data centre chips before the end of the year.
- Qualcomm is co-developing an AI-first smartphone with MediaTek for OpenAI.
- CEO Cristiano Amon expressed confidence in smartphone market recovery after Q3.
- Qualcomm is producing three chip types for data centres: CPUs, inference accelerators, and ASICs.

**Companies:** Apple, Qualcomm, Broadcom, Marvell Technology, MediaTek
**Countries:** United States, Taiwan

[Read the full story on The Globe and Mail](https://www.theglobeandmail.com/investing/article-qualcomm-forecast-smartphones-ai-chips-ceo-cristiano-amon/)

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