Qualcomm announces HBC, expands BMW partnership, acquires Modular
The high-bandwidth compute improves inference performance and efficiency, the BMW partnership targets AI-driven mobility, and Modular boosts generative and agentic AI capabilities.
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Semiconductor and wireless technology company
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In short: Qualcomm pivoted toward the AI data center market, announcing a major supply deal with Meta and setting a $40 billion non-handset revenue target.
The high-bandwidth compute improves inference performance and efficiency, the BMW partnership targets AI-driven mobility, and Modular boosts generative and agentic AI capabilities.
Modular's AI-native software platform will accelerate Qualcomm's generative and agentic AI technologies from edge to cloud.
Revenues were $9.9 billion with GAAP EPS of $1.87 and Non-GAAP EPS of $2.21. QCT Automotive and IoT revenues grew 28% year-over-year.
The agreement covers Snapdragon Digital Chassis for digital cockpit and ADAS/AD systems through the next decade.
Qualcomm will raise processor prices for products shipped after September 1, adding new cost pressure for Android phone makers and future devices.
The San Diego chipmaker announced Wednesday that BMW has chosen it as the lead chip supplier for the automaker's next-generation vehicles, extending a partnership into...
Diversification is arriving as legacy revenue weakens faster...
Qualcomm Apple modem revenue will drop roughly 50 percent in a single quarter as Apple rolls out its in-house C2 chip faster ...
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