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138 Qualcomm’s AI Hope

The Information
Martin Peers @ The Information 1 place · today 20:00 EDT

Qualcomm’s AI Hope

Another day, another chip company-A deal. This time, it’s Qualcomm, best known for its mobile phone chips (such as the modem in most iPhones). What Qualcomm is not known for is selling chips for data center servers, despite its valiant attempts to do so in the past. Will this time be different? We’ll see. At least Qualcomm has a customer for its AI chips—Humain, the Saudi Arabian AI startup that’s building data centers in that country. Qualcomm stock jumped 11% on Monday, as stocks tend to do when a company

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