Qualcomm CEO Teases Deal with Large Hyperscaler
Summary
Qualcomm shares surged after the company said it was making headway in the lucrative data center market and teased a partnership with a large hyperscaler. Qualcomm CEO Cristiano Amon speaks with Carol
Transcript Excerpt
Who is the hyperscaler, Cristiano? I will tell you all about it on June 24. It's gonna be it's gonna be three days after my birthday. June 24, we gotta hold on to. But what does this signal about you have been a man who's committed to telling the market that you are expanding the market. It's not just about mobile phones. Well, Qualcomm has really dominated the market share. But chips now in automotive, in IoT, but really in the data center? What sort of TAM, what sort of expansion of Qualcomm's business will this mean for you? Yeah. Look. You know, this is a great question, and I wanna maybe start the answer by saying, you know, why would not anybody, you know, bet on Qualcomm diversification efforts? We started as a mobile company. If you look at what we're doing right now, we expanded i…