Reported about 7 hours ago
Qualcomm is set to announce its fourth quarter earnings on Wednesday, as it ventures into the AI data center market with new chips and server products. The AI200 chip will launch in 2026 and AI250 in 2027, marking Qualcomm's first direct competition with Nvidia and AMD in this space. Despite a recent stock surge following the announcement, Qualcomm's shares have underperformed compared to its competitors. Analysts predict Qualcomm will report $2.85 EPS on $10.7 billion revenue, as the company aims to diversify beyond its slowing smartphone chip sales.
Source: YAHOO