A post by @FirstSquawk on X.
QUALCOMM CEO SAYS THE DATA CENTER BUSINESS BEGINS ITS RAMP WITH REVENUES EXPECTED TO EXCEED $650 MLN IN THE DECEMBER QUARTER, THAT CUSTOM ACCELERATORS BEGAN SHIPPING IN OCTOBER AND CONNECTIVITY SOLUTIONS WITH AMAZON WEB SERVICES RAMP LATER…
@FirstSquawk on X
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Qualcomm said its data center business is entering a ramp phase, with revenue expected to exceed $650 million in the December quarter. The disclosure marks Qualcomm's push beyond handsets into AI data center silicon, where it will compete with established suppliers. Investors will watch whether the December quarter target is met and how quickly the AWS connectivity partnership scales into 2025.
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Qualcomm (QCOM), Amazon Web Services, Dragonfly C1000
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