Qualcomm eyes data centers as smartphone sales decline

·5 views

Qualcomm is turning to data centers to offset a steep drop in smartphone sales, which have reportedly fallen about 20 percent compared with 2025. On its Q4 2026 earnings call, the company outlined plans to expand into the AI data center market through partnerships with Amazon and Meta announced earlier this year. It forecasts roughly $650 million in data center revenue for the first quarter of 2027. The company expects that figure to climb to $5 billion by the end of 2027 and $15 billion by 2029. Those projections are set against Qualcomm's total 2026 revenue of $10.4 billion.

Read the full story at The Verge

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Apple reportedly cuts internal AI spending budgets for engineering teams

Apple is said to be significantly reducing the amount it spends on AI tools for its internal engineering teams. The report suggests the company is pulling back on how much it invests in AI for internal use. The article provides few further details about the scale of the cuts or their exact timing. Because the information comes from a report rather than an official statement, the specifics remain unconfirmed. The story reflects a broader question about how major tech companies are allocating resources to AI.

0 comments Read more at TechCrunch

TechnologyTechCrunch ·

Data center opposition cuts across party lines in midterm elections

Opposition to data centers showed up across party lines in Tuesday's midterm elections. The article suggests the issue could become a larger source of political conflict after the midterms. The source text provided is very brief, so further details about specific races, locations, or policy proposals cannot be confirmed from it. The discussion centers on local and political resistance to the facilities rather than on any specific legislative outcome. Readers should consult the full original article for context and details.

0 comments Read more at TechCrunch

TechnologyThe Verge ·

X's Updated Web App Cuts Load Time From 22 Seconds to 2.7 Seconds

X is rolling out a new version of its web app that it says loads significantly faster than the previous one. The updated app is being introduced gradually, country by country, for signed-in users. According to principal engineer Yagiz Nizipli, a profile page on a slow connection now shows its first post in 2.7 seconds, compared with more than 22 seconds on the old app. A company blog post also describes consolidating three servers, previously used for users, search crawlers, and link previews, into a single server.

0 comments Read more at The Verge

TechnologyArs Technica ·

Nintendo's largest ROM chip supplier is exiting the business

Nintendo's biggest supplier of ROM chips, the memory cartridges used for its games, is withdrawing from that market. The move raises questions about how the change could affect the cost of physical Nintendo Switch games. Because ROM chips are a key component in cartridge production, supply changes can influence manufacturing expenses. The article examines what the supplier's departure could mean for pricing and availability of physical titles.

0 comments Read more at Ars Technica