Qualcomm

This Week in #AI: 🔵 Qualcomm High Bandwidth Compute (HBC) moves compute closer to data, improving AI inference performance, efficiency, and total cost of ownership: https://bit.ly/44Tlzt7 🔵 We expanded our collaboration with BMW Group to help power the next generation of AI-driven mobility experiences through Snapdragon Digital Chassis solutions: https://bit.ly/4fGLXLA 🔵 We completed our acquisition of Modular, strengthening our AI software capabilities and accelerating generative and agentic AI across different environments: https://bit.ly/4hIH33c

For years, the cloud has powered #AI experiences. But as AI evolves from responding to requests to taking action autonomously, new demands emerge around latency, scale and efficiency. The future of AI isn't cloud or edge. It's cloud and edge working together, bringing the action closer to where decisions are made. Welcome to the era of distributed intelligence:

#GalaxyUnpacked just raised the bar for business tech. Qualcomm and #Samsung have strengthened their long-standing collaboration, with Snapdragon enabling the future of agentic, context-aware AI experiences across the Galaxy ecosystem. For the first time, Snapdragon powers everything from Samsung's latest foldables to Galaxy wearables. This means secure, highly personalized on-device AI, premium performance, and seamless cross-device connectivity—giving you the tools to stay productive, connected, and ahead of the curve.

Experts? Or interns? When you hear skillsets like these dropped casually, it can be hard to tell. At Qualcomm, we’re not just building the next generation of AI and connectivity technology; we’re building next-gen innovators, too. As we celebrate #NationalInternDay, we say congratulations and thank you to all our 2026 interns.

Our third quarter delivered revenues at the high end of guidance, record Automotive revenues, and continued progress across our diversification strategy, and advanced key milestones in our data center roadmap as we execute on the next chapter of Qualcomm. Today, we also closed the acquisition of Modular and announced an expanded agreement with BMW. Key highlights: •QCT Automotive: 23 consecutive quarters of double-digit year-over-year revenue growth driven by sustained Snapdragon Digital Chassis momentum, strong customer demand and increasing content per vehicle; Expanded strategic agreement with BMW Group •QCT IoT: Continued growth led by Industrial, Networking and Robotics category of products, with an Industrial design-win pipeline exceeding $7B and more than $3.5B secured this fiscal year •Data Center & AI Infrastructure: Two custom-silicon programs are now in production, HBC Gen1 tape-out is complete, and the acquisition of Modular strengthens our end-to-end AI software and platform capabilities •Personal AI: Momentum continues across PCs, smart glasses, and agentic AI experiences as intelligent endpoints become an increasingly important part of the AI ecosystem Looking ahead, we expect year-over-year growth in non-handset revenues, including Data Center, to accelerate from 24% in fiscal 2026 to greater than 60% in fiscal 2027. For a cautionary note regarding forward-looking statements, information regarding our use of non-GAAP financial measures and a reconciliation to the most directly comparable GAAP measures, please see our earnings presentation available on our Investor Relations website: https://bit.ly/4fMkM27

Another milestone for our automotive journey. AI and high-performance computing are transforming mobility. Together with BMW Group, we're helping shape what's next as its leading compute silicon provider.

We've officially completed our acquisition of Modular. By bringing together Qualcomm's silicon leadership and Modular's #AI software expertise, we're expanding our ability to support developers and ecosystem partners and scale AI across a growing range of platforms and environments. Learn more: https://bit.ly/4hIH33c

What happens when technology is no longer organized around a device, but around you? Qualcomm President and CEO Cristiano R. Amon explains how AI agents are ushering in the Ecosystem of You—a future where your digital experiences are centered around your needs, not a single device:

We will host our Q3 FY26 earnings call on Wednesday, July 29 at 1:45 PM PT. Details here: https://bit.ly/4hiIUsL

This Week in #AI: 🔵 Qualcomm President and CEO Cristiano R. Amon joins TIME Editor in Chief Sam Jacobs for a conversation on the future of AI and how the relationship between people and their devices is evolving: https://bit.ly/4c19JAR 🔵 Announced at Galaxy Unpacked, Snapdragon is now powering AI experiences throughout Samsung Mobile’s new Galaxy devices across foldables, watches, and smart eyewear: https://bit.ly/3TTcnSZ 🔵 Cristiano Amon also highlighted Qualcomm’s longstanding partnership with Samsung and nearly 30 years of collaboration driving innovation across the mobile industry: https://bit.ly/4x1uHaP 🔵 Arduino and DigiKey launched the Arduino UNO Q Dream Lab Challenge, encouraging makers, engineers, and students to showcase innovative AI, robotics, and automation projects for a chance to win a custom Dream Lab: https://bit.ly/3RfXsBI