Qualcomm is still priced as a phone company even as diversification absorbs the loss of Apple modem revenue. Non-handset revenue is now about 34% of QCT; automotive revenue grew 38% to $1.3 billion, with 50% growth guided for Q3 and an exit above $6 billion for FY2026. Snapdragon X2 Elite gives it edge-AI leadership, with over 100 Copilot+ PC designs. Q2 FY2026 beat on revenue of $10.6 billion and EPS of $2.65. The Apple overhang of about $6-8 billion is priced in and nearly over. x.com 

Qualcomm is winning hyperscaler data-center chip business. It reportedly landed a $60 billion AI chip deal with Amazon, spanning multiple generations per Bloomberg, along with a $4 billion investment. Its CFO says it is finalizing a second chip manufacturing deal with another major hyperscaler. x.com  x.com 

Apple dropping Qualcomm in favor of its own chips is a warning sign for Qualcomm. When Apple dumped Intel's chips, it marked five years of pain for Intel. Around $150 would be the right level to step in. x.com 

Qualcomm is about to have its time to shine as on-device AI drives growth. Its Snapdragon platforms bring high-performance, low-power computing to edge AI, and it is expanding beyond phones into cars, industrial and smart devices, backed by leadership in 5G, Wi-Fi and next-generation wireless. x.com 

Qualcomm is shifting from a smartphone-dependent chipmaker to powering AI on every device, from cars and AI laptops to smart glasses, robotics and industrial edge computing. Automotive and IoT revenue grew 27% combined in FY2025, automotive now tops $1B a quarter with a $6B+ annualized target, and FY2025 non-GAAP EPS rose 18% to $12.03. Unlike many AI names it is already highly profitable, with a new $20B buyback, and could become one of semis' most overlooked AI compounders. x.com 

Qualcomm is hurt by plunging consumer smartphone sales. Counterpoint Research's preliminary estimate puts global Q3 2026 shipments down 20% year over year, the lowest Q3 since 2012. Apple outperformed Android but was still down. x.com  x.com 

Qualcomm is moving deeper into AI infrastructure alongside NVIDIA, Broadcom and Marvell through a partnership with Amazon Web Services. AWS will work with Qualcomm on custom AI inference chips and 1.6T optical connectivity, and Amazon got warrants for up to 25M Qualcomm shares that vest with up to $60B of purchases. CFO Akash Palkhiwala has very high confidence in about $5B of FY2027 data center revenue, with orders in hand, and targets $15B+ data center revenue and $18+ non-GAAP EPS by FY2029. … Show more

Qualcomm's licensing position looks stronger after a jury verdict in its dispute with Arm. StockSavvyShay reports that a five-year royalty clause potentially worth about $1.5 billion still awaits the judge's decision; the outcome could shape future licensing agreements as Arm expands into selling silicon. x.com 

Qualcomm has a terrible position in every market it competes in and is not cheap enough to compensate. It faces Nvidia in cars, Intel and AMD in data-center CPUs, and Samsung and Google on their own phones. China is a material share of revenue, and Apple is aggressively cutting out Qualcomm's modem, a long-term revenue headwind. @citrini, bullish since December, made a good call, but the short stands; it also works as a funding short against long compute names such as AMD, SanDisk and Lumentum. … Show more

Qualcomm's multi-generation AWS collaboration on custom AI data center silicon and inference shows its data center customers are becoming clear. Qualcomm confirmed the AWS deal is baked into its $15 billion FY29 data center revenue target, which should remove doubt about hitting that number; investor relations confirmed this despite @bubbleboi's objection. Qualcomm remains an execution beneficiary, with its data center value moving toward the upside case. x.com  x.com  x.com