Qualcomm is betting big on data centers as smartphone sales sink

Qualcomm reported a 20 percent decline in smartphone sales compared to 2025 during its fourth quarter 2026 earnings call. The company announced partnerships with Amazon and Meta to expand its presence in AI data center operations. Qualcomm did not disclose specific revenue targets or timeline for the data center business expansion.

• The Verge — Qualcomm is betting big on data centers as smartphone sales sink

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