QCOM
Qualcomm Inc. (QCOM)
177.30
+5.07% (+8.56)
Market read
This positions Qualcomm as a potential supplier for data center memory-compute workloads, a market currently dominated by HBM-based solutions. Cloud provider interest, if it converts to design wins, could open a meaningful new revenue stream outside Qualcomm's struggling handset business.
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A Qualcomm executive described the company's HBC (high-bandwidth compute) near-memory architecture as delivering higher effective bandwidth and lower power than HBM, with major cloud providers said to be interested.
This positions Qualcomm as a potential supplier for data center memory-compute workloads, a market currently dominated by HBM-based solutions. Cloud provider interest, if it converts to design wins, could open a meaningful new revenue stream outside Qualcomm's struggling handset business.
Finnhub·08/07, 01:09 AM
Low impactQualcomm's handset chip business revenue is declining year-over-year from both Android and Apple sides simultaneously.
Finnhub·08/06, 08:19 PM
Low impactQualcomm signed a long-term deal with BMW on July 29 to supply chips for digital cockpit and driver-assistance systems through the next decade.
Finnhub·07/31, 09:31 PM
Low impactQualcomm faces revenue risk as handset market shrinks and replacement businesses take years to reach scale.
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