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Qualcomm is betting big on data centers as smartphone sales sink

Source: The Verge AI · NOV 04, 2026

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 […]

IN THIS STORY
  • AI Data Centers
  • Qualcomm
  • Meta
  • Amazon

Sources

  • Read the original at The Verge AI

On Bluesky

  • Qualcomm expects data center chips will eventually account for 30% of its business. www.theverge.com/ai-artificia...

    The Verge (@theverge.com) Nov 4, 2026 · 14 likes
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