Qualcomm (QCOM) CEO says new AI chip business will be material in 2027

Qualcomm's CEO indicating that the new AI chip business will be material by 2027 suggests a strategic pivot towards high-growth sectors, potentially boosting future revenue and market positioning.

Newsquawk StaffPublished 30 Apr 2026, 16:16 UTCOn the live feed at 15:56 UTC — 6 more headlines followed before this page went public

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Qualcomm (QCOM) CEO says new AI chip business will be material in 2027

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Apple (AAPL) accuses India Watchdog of exceeding powers and seeks to stall the antitrust case

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Context

This could be perceived as a positive signal for investors, aligning Qualcomm with the growing demand for AI technologies, though the impact on current earnings will depend on subsequent performance and execution.

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