Qualcomm president and chief executive Cristiano Amon tells Brian Sozzi and Deirdre Bosa that the AI selloff does not describe his company, because Qualcomm is only just starting in the data centre. He reaffirms the $5 billion data centre revenue target for fiscal 2027 and more than $15 billion for fiscal 2029, and says the first number is limited by supply rather than demand. Taped 5 November, the day after Qualcomm reported and the day after it signed its largest 5G deal, supplying the silicon for SpaceX’s nationwide Starlink Mobile network. He also expects phones to run 100-billion-parameter models by 2028. Figures here are his own unless noted.
Featuring:
Cristiano Amon, President and Chief Executive Officer, Qualcomm
Brian Sozzi, Executive Editor, Yahoo Finance
Deirdre Bosa, Yahoo Finance
Watch the full day of Yahoo Finance Invest: https://youtube.com/live/rAYVxDJYeAc
Timestamps
0:00 The SpaceX deal, and whether Qualcomm is arming a rival to the carriers
2:32 When the revenue starts, and whether Musk is serious about telecom
3:41 What the carriers make of it
5:03 “There is no AI correction in Qualcomm”
7:41 Can America actually get the data centres built?
9:42 What has to go right to reach 15 billion
11:18 Is AI designing chips a headwind or a tailwind?
12:40 Where the moat is, and the assembly language analogy
14:19 What the phone is for now
16:33 Edge AI, and the 2028 mark
19:40 Will we all own a robot?
22:16 Why he thinks the market is reacting like this
#Qualcomm #AI #Semiconductors #YahooFinance
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