Qualcomm Bets on AI Chips to Reduce Smartphone Reliance as Data-Centre Race Intensifies

San Diego, 24 June 2026 – Qualcomm is accelerating its push into artificial intelligence chips as the US semiconductor group seeks to reduce its reliance on smartphones and capture a larger share of the fast-growing data-centre computing market.

The company is expected to outline a broader AI chip strategy as it positions itself beyond its traditional strength in mobile processors. Qualcomm has long been closely associated with smartphone chips, but the global handset market has become more mature and cyclical, increasing pressure on the company to diversify into higher-growth areas.