Qualcomm's shares are down 5.06% year to date, but 24/7 Wall St. sets a $226.05 price target, implying 41.14% upside, citing a diversified semiconductor platform and a data center push. CEO Cristiano …
Qualcomm will raise prices across most of its chip line-up by a double-digit percentage for products shipped after 1 September 2026, CEO Cristiano Amon confirmed, citing rising input costs. The increa…
Qualcomm Incorporated completed its acquisition of Modular Inc. on July 29, roughly five weeks after announcing the deal on June 24, adding AI-native software infrastructure to its compute portfolio. …
Qualcomm acquired AI software infrastructure startup Modular for close to $4 billion, betting on an open, hardware-agnostic software stack that enables AI inference across heterogeneous silicon. Modul…
Qualcomm Inc. reported third-quarter earnings of $2.21 per share, missing Wall Street's forecast of $2.23, while revenue of $9.95 billion beat the $9.67 billion estimate, and the company warned of slu…
Qualcomm issued a weak profit forecast for fiscal Q2 2026, sending shares down 11% in after-hours trading, after CEO Cristiano Amon cited surging demand from AI data centers redirecting memory chip su…
Qualcomm Incorporated completed its acquisition of Modular Inc, an AI-native software infrastructure company, on July 29, 2026. The deal combines Modular's software platform with Qualcomm Technologies…
Qualcomm CEO Cristiano Amon, marking his fifth anniversary this summer, says the future of computing is AI and that by definition Qualcomm is an AI company. He predicts AI will be bigger than people e…
Micron Technology has signed multiyear strategic customer agreements with seven automotive technology partners, including Hyundai Mobis, Harman and Qualcomm, to supply memory and storage for increasin…
Qualcomm announced a series of AI initiatives, including the Dragonfly data center brand, acquisition of Modular to create an open platform, and a deal with Meta, aiming to disrupt Nvidia's dominance …
Qualcomm CEO Cristiano Amon unveiled a five-year plan to challenge Nvidia's dominance in AI chips for data centers, projecting over $15 billion in annual AI component sales by fiscal 2029. The company…
Qualcomm unveiled the Dragonfly platform, a China-specific data center chip designed to comply with US export restrictions while serving a market that generates 46% of its revenue. The platform includ…
Meta and Qualcomm have signed a multi-year deal to consolidate AI chip infrastructure, concentrating control over the digital public square in fewer hands. Qualcomm's new Dragonfly C1000 CPU will powe…
Qualcomm Inc. shares surged after the chipmaker forecast annual sales of more than $15 billion from AI data center components by fiscal 2029, part of a broader $40 billion revenue target for non-hands…
Qualcomm announced a data center strategy that could generate over $1 billion in revenue within a year, including new CPUs, AI accelerators, and networking solutions. The company acquired Alphawave Se…
Qualcomm unveiled High Bandwidth Compute (HBC), a near-memory 3D-stacked accelerator architecture, at its June 24, 2026 Investor Day. The company claims HBC delivers a 6x bandwidth-per-watt increase o…
Qualcomm announced a target to grow data center revenue from $0.3 billion in fiscal 2026 to over $15 billion by fiscal 2029, driven by a multi-generation agreement with Meta and custom silicon deals w…
Qualcomm expanded its partnership with Hugging Face on June 24 to make over 3 million open AI models deployable across its hardware, including Snapdragon, Dragonwing, and Dragonfly platforms. The coll…
Qualcomm acquired Modular to challenge NVIDIA's AI dominance, unveiling a five-year plan to expand into data centers with Dragonfly AI accelerators and CPUs. The acquisition provides an alternative to…
Qualcomm announced Meta as the first named customer for its Dragonfly C1000 data centre chip, set for 2028, and confirmed a $3.9 billion acquisition of AI software startup Modular. The moves signal Qu…