Qualcomm slides on weak profit forecast as supply costs bite; bets big on data centers
The smartphone chipmaker is pivoting toward AI data centers as phone sales slump about 20%.
Read at Bloomberg →Full coverage · 6 outlets
- Bloomberg · lead
- The VergeQualcomm is betting big on data centers as smartphone sales sink
- shattered.ioQualcomm Earnings: Shares Slide 6%+ on Cost Squeeze [2026]
- Seoul Economic DailyQualcomm, Arm Shares Slide as Smartphone Slump Bites
- ReutersQualcomm shares slide as memory chip shortage hits smartphone market
- CNAQualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast