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Qualcomm announces AI data center CPU, signs Meta as first major customer

Qualcomm enters the AI data center market with a new line of CPUs and systems, securing Meta and Microsoft as early customers.

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14950Jun 24 21:35Jun 26 02:06 UTC

The brief

Qualcomm has launched a series of AI data center chips and systems. Meta has been signed as the company's first major customer, while other coverage identifies both Meta and Microsoft as early adopters of the new infrastructure.

Reporting from Bloomberg, Reuters, Yahoo Finance, and CNBC emphasizes increased competition with Nvidia. Qualcomm shares rose following the announcement, with Reuters noting the company forecasts $15 billion in data center chip sales by 2029.

Future developments center on the rollout of these AI chips and the company's progress toward its 2029 sales target.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 16h ago.

Quick answers

Who are the first major customers for Qualcomm's AI chips?

Meta is cited as the first major customer, with Seeking Alpha also listing Microsoft as an early customer.

What is Qualcomm's sales forecast for its data center chips?

According to Reuters, Qualcomm forecasts $15 billion in sales by 2029.

Which competitor is Qualcomm now challenging in the AI space?

Yahoo Finance reports that the new line of chips increases competition with Nvidia.

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