Qualcomm

Apple’s shift to in-house modems cuts Qualcomm’s Apple product revenue roughly 50% quarter-over-quarter. Qualcomm announced a multi-generational collaboration with Amazon to supply inference-focused AI data center silicon, with warrants that could be worth about $4 billion if milestones are met. Management targets $5 billion in data center revenue in fiscal 2027, scaling to $15 billion by 2029 and $40 billion in non-handset revenue by 2029, but initial data-center margins will be lower. Competition from NVIDIA, Broadcom, Marvell and AMD is intense and analysts have trimmed fiscal 2027 EPS estimates substantially. » Więcej na finance.yahoo.com

Qualcomm announced a multi‑generational customized silicon deal with AWS for AI inference, prompting a share rise and granting Amazon warrants to buy up to roughly $4 billion of Qualcomm stock. Warrant vesting and the potential $60 billion of chip purchases depend on future commercial agreements, binding orders and actual purchases, so the headline figures are conditional rather than guaranteed revenue. The partnership bolsters Qualcomm's data‑center push and diversification away from handsets, but execution risk remains and Nvidia continues to dominate GPU training markets. » Więcej na finance.yahoo.com

Qualcomm agreed a long-term partnership with Amazon under which Amazon could buy up to $60 billion of Qualcomm AI data-center chips and related products, and received warrants worth about $4 billion exercisable at $161.26 as purchases vest. The companies will co-develop custom AI inference chips and high-speed optical connectivity, supporting Qualcomm’s target of $15 billion in annual data-center chip revenue by 2029. The deal validates Qualcomm’s pivot beyond smartphones but carries execution risk from competition with Nvidia, potential warrant dilution, and uncertain uptake of Qualcomm’s new data-center products. » Więcej na finance.yahoo.com