Qualcomm’s FY2027 Q1 guidance includes first custom chip shipments to two hyperscalers

Key points

• Qualcomm expects to deliver its initial custom silicon orders to two major hyperscale data center operators in the first quarter of fiscal year 2027.
• This strategic expansion into data centers aims to diversify the semiconductor firm's revenue streams, helping to lower its core reliance on the smartphone market while boosting its long-term corporate growth prospects.

Summarized automatically by Kryptokite from reporting by Crypto Briefing. Read the original sources for full detail.