Qualcomm Signs Deals with Three Major Hyperscalers for AI Chips

Qualcomm has signed agreements to supply artificial intelligence (AI) processing chips to three major hyperscale companies, including Microsoft and Meta. The company expects its data center business revenue to reach at least $15 billion by fiscal 2029, up from none a year ago.

By James Brumley, The Motley Fool Thu, July 23, 2026 at 3:00 PM GMT+3 5 min read · Yahoo Finance ·

Qualcomm Signs Deals with Three Major Hyperscalers for AI Chips

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Topics: Artificial Intelligence Data Center Chips Hyperscalers Technology Partnerships

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