Qualcomm's primary business has been smartphones, which accounted for two-thirds of the company's product revenue in it's most recent quarter.
Source: [CNBC](https://www.cnbc.com/2026/06/24/qualcomm-data-center-cpu-meta.html)
The once-high-flying AI chip maker’s stock has now dropped more than 50% from its all-time intraday high hit six weeks ago.
Shares of Qualcomm soared on Wednesday after the company announced new revenue targets.
PFL has bulked up its roster with 18 new faces.
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.
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Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits