# The company said on Wednesday it expected ​revenue ​of between $9.2 billion and $10 billion for the current quarter.

*semiconductor · news · 2026-04-30 · The Indian Express*

## Key points

- Qualcomm's Q3 revenue forecast of $9.2–$10 billion is below consensus estimates of $10.27 billion.
- Qualcomm will begin shipping data center chips, including CPUs, inference accelerators, and custom ASICs, this year.
- Qualcomm's entry into data center chips builds on its $2.4 billion AlphaWave acquisition and IP assets.
- Q3 chip revenue guidance of $7.9–$8.5 billion is below market expectations of $8.93 billion.
- Samsung and Apple are increasingly using in-house chips, reducing Qualcomm's dependency on them as customers.

**Companies:** Apple, Qualcomm, Samsung
**Countries:** United States, South Korea, China

[Read the full story on The Indian Express](https://indianexpress.com/article/technology/tech-news-technology/qualcomm-rises-on-smartphone-rebound-hopes-data-center-chip-push-10663435/)

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