Qualcomm is betting big on data centers as smartphone sales sink

Semiconductor designer accelerates data centre strategy to offset falling handset revenues

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·4 Nov 2026, 22:42·United States

Qualcomm is shifting strategic focus toward the AI data centre market to counter a roughly 20 per cent decline in smartphone sales. Speaking during its fourth-quarter earnings review, executives detailed ambitions to expand in server computing through existing collaborations with hyperscalers such as Amazon and Meta. The semiconductor designer is counting on enterprise compute demand to offset falling consumer hardware volumes.

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This summary was written by the GPU Data Hub desk from reporting published by The Verge on 4 Nov 2026, 22:42. Read the full article at the original publisher.

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