NasdaqGS:QCOMSemiconductor
Qualcomm Broadens Growth Story With Auto, Hyperscaler AI And OpenAI Phone
Qualcomm (NasdaqGS:QCOM) reported record automotive revenue in Q2 2026 and indicated this business is on track to exceed $6b in fiscal 2026.
The company disclosed plans to begin shipping custom silicon later this year for a leading hyperscaler data center client, targeting AI workloads.
Reports also point to a deeper Qualcomm and OpenAI collaboration on AI focused smartphone chips for a device expected in 2028.
For investors who mostly associate Qualcomm with smartphone modems and...