semiconductor / news / / The Indian Express
The company said on Wednesday it expected revenue of between $9.2 billion and $10 billion for the current quarter.
Qualcomm's Q3 revenue forecast of $9.2–$10 billion is below consensus estimates of $10.27 billion.
KEY POINTS
- 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
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