Semiconductors
Qualcomm
A major mobile and edge-computing semiconductor company that signed a memorandum of understanding with Saudi Arabia's PIF-backed HUMAIN in 2025 to deliver advanced AI data centers and hybrid edge-to-cloud AI infrastructure across the region. Qualcomm reported fiscal Q2 2026 revenue of $10.6 billion, with automotive revenue surpassing $5.0 billion in annualized run-rate for the first time (QCT Automotive revenue of $1.3 billion, up 38% year-over-year) and confirmed a custom silicon engagement with a leading hyperscaler. At its June 2026 Investor Day, Qualcomm formally entered the AI data-center market, unveiling its Dragonfly C1000 CPU (targeting Meta Platforms as a customer, availability 2028) and a High Bandwidth Compute chip architecture tapped by Microsoft Azure (mid-2027), targeting $15 billion in data-center revenue by 2029, and agreed to acquire AI software startup Modular in an all-stock deal valued at $3.92 billion to deepen its data-center AI inference and orchestration software.
Leading Indicators
Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
5 sources · 1 government/SEC filing · 79% avg. source confidence
- U.S. Securities and Exchange Commission (EDGAR) — QUALCOMM Incorporated FY2025 Annual Report (Form 10-K), filed with the SEC95% source confidence
- Crowell & Moring LLP — Qualcomm and HUMAIN sign MOU for AI data centers and edge-to-cloud infrastructure75% source confidence
- Qualcomm Incorporated (official press release) — Qualcomm posts record $1.33B automotive revenue in Q2 FY2026, up 38%, plus hyperscaler AI chip deal88% source confidence
- CNBC / Bloomberg — Qualcomm enters AI data-center market with Dragonfly chips, Meta as customer, Modular acquisition78% source confidence
- Barchart / Qualcomm investor relations — Qualcomm schedules July 29 Q3 FY2026 earnings; China handset revenue eyed as bottoming60% source confidence
Insider Filing Activity
Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Jul 28, 2026
Dependency Map
What Qualcomm depends on below, and who depends on Qualcomm above — click any node to make it the new center, 2 levels deep.
Connection type
Click any node to make it the new center. Scroll to zoom, drag to pan.
The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
Market Intelligence
UnverifiedCredibly-reported claims — analyst notes, sourcing citing “people familiar with the matter,” deals where the companies involved declined to comment — that haven't been officially confirmed. Kept structurally separate from the sourced evidence above; treat as a lead worth researching further, not an established fact.
Reported early-stage talks to acquire Tenstorrent
35% confidenceQualcomm is reportedly in early talks to acquire AI chip startup Tenstorrent for a valuation in the $8-10 billion range.
Reported as early-stage and unconfirmed; neither Qualcomm nor Tenstorrent has announced or confirmed a deal.
Industry reporting (via Distill Intelligence semiconductor briefing) · Jul 3, 2026
Reported talks with Samsung Foundry to produce its 2nm chips
35% confidenceQualcomm CEO Cristiano Amon publicly referenced talks with Samsung about producing Qualcomm's 2nm chips, with people familiar with the matter suggesting Qualcomm's chip design work is already done and the company is ready to move to production; Samsung has declined to comment.
Confirmed only by Qualcomm-side comments and unnamed sources; Samsung has explicitly declined to comment, so the counterparty has not corroborated a deal, and no contract terms or timeline have been disclosed.
GSMArena · Jun 1, 2026
Qualcomm's Timeline
A sourced, dated history of Qualcomm's key moments — founding to present.
Jan 2026 · Unveils Snapdragon 8 Elite Gen 5 for on-device agentic AI
Qualcomm unveiled the Snapdragon 8 Elite Gen 5 at CES 2026, marking what it called the definitive transition from cloud-dependent generative AI to fully autonomous 'Edge AI,' with an upgraded Hexagon NPU up to 37% faster than its predecessor and first-ever hardware matrix acceleration on its custom Oryon CPU, enabling on-device agentic assistants that act across apps while preserving user privacy; Qualcomm's CEO argued the winner of edge AI will win the entire AI race.