QCOM upbeat outlook on Amazon data center deal, AI-led margins
QUALCOMM says a landmark Amazon deal anchors high-confidence data center revenue targets, while AI-driven growth in automotive, IoT and smartphones supports expected margin expansion as scale and R&D leverage increase.
A landmark Amazon deal anchors high-confidence data center revenue targets, while diversified growth in automotive, IoT and smartphones is being driven by advanced AI, custom silicon and connectivity solutions. Margin expansion is expected as scale and R&D leverage increase. Based on QUALCOMM Incorporat…