www.barchart.com
2026-07-01
Qualcomm is aggressively expanding into the data center sector to offset the ongoing decline in its smartphone market. At its Investor Day on June 24, the company unveiled an ambitious AI infrastructure strategy, aiming for up to $15 billion in annual data-center revenue by 2029. This push is suppor
siliconangle.com
2026-06-25
Qualcomm's stock surged 14% after announcing the acquisition of AI inference software startup Modular Inc. and upgrading its 2029 revenue guidance. The acquisition, financed with 19.2 million shares valued at $3.92 billion, significantly exceeds Modular’s previous funding valuation. Modular’s platfo