Qualcomm turns to data centres as phone sales fall around 20 percent

single source· 1 articles · confidence: low · first seen 2026-11-04 22:42 UTC

What this means for you

Nothing to act on. This is a statement of intent on an earnings call, not a product with a price or a ship date. Watch whether the Amazon and Meta work turns into named silicon and disclosed revenue — the sources here give neither.

Qualcomm used its Q4 2026 earnings call to set out a push into AI data centres, after smartphone sales fell around 20% compared with 2025. The company pointed to partnerships with Amazon and Meta, announced earlier, as the route in. No revenue target, product name or ship date for the data centre business appears in the account available, so the size of the bet cannot be checked. Qualcomm did not say what share of its business the data centre work is meant to replace.

Key facts

  • ·Qualcomm set out plans to expand into the AI data centre business on its Q4 2026 earnings call. source
  • ·Smartphone sales fell around 20% compared with 2025, according to the earnings call. source
  • ·Qualcomm cited partnerships with Amazon and Meta as part of the data centre push. source
  • ·The Amazon and Meta partnerships were announced before the Q4 2026 call. source

What the sources say

  • The Verge AI — Earnings-call account of the handset slump and the turn toward selling into AI data centres.

Sources

The original reporting. Follow these — they did the work.

← the wire