Qualcomm renewed its Apple patent license from April 1, 2027. After their 2019 legal fight, Apple still needs the patents even as it builds its own modems. Analysts are split.
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
Qualcomm issued Amazon a 25 million-share warrant at $161.26, tied to up to $60B in purchases, to build custom AI chips and 1.6T optical links for AWS.
Qualcomm Q3 revenue hits $9.9B at high end of guide. Auto & IoT grow 28%, but rising costs and Apple supply issues pressure outlook.
At Investor Day 2026, Qualcomm announced Dragonfly C1000 for AI workloads, major Meta partnership, Microsoft collaboration, and sharply raised long-term targets.
The deal strengthens Qualcomm’s push into data centers and challenges NVIDIA’s CUDA dominance.
