Qualcomm Bets on AI Data Centers as Phone Sales Fall
Qualcomm, the chip company, said smartphone sales have dropped about 20 percent compared with 2025. To make up for this, it is looking at data centers, the large facilities that run AI services. During its latest quarterly results call, the company shared plans to grow its AI work for these centers through partnerships with other firms.
Quick glossaryQualcomm, earnings call, data center
- Qualcomm
- A US chipmaker best known for the processors inside many Android smartphones.
- earnings call
- A regular online meeting where a company explains its recent three-month profit and sales results to investors and analysts.
- data center
- A large building filled with powerful computers that store and run online services and AI tools for many users.
Burning Potato score: 71%