Qualcomm Identifies AI Data Centers as Next Major Growth Area
At its Investor Day in New York City, Qualcomm outlined a strategic shift toward AI data centers and other emerging markets like edge AI, automotive, industrial applications, and eventually 6G. The company emphasized diversification beyond smartphones while confirming the acquisition of Modular for $3.9 billion to enhance its software capabilities.
Tickers: $QCOM
Topics: 5G/6G Acquisition AI Data Centers Edge Computing