The Clap
According to Bloomberg, Qualcomm (NASDAQ: QCOM) is considering tapping the server processors markets in an effort to become a broader provider of semiconductors.
The Deets
Qualcomm, which is the leading manufacturer of smartphone chips, sees an opportunity to sell a much more expensive type of chips.
You Should Know
This wouldn’t be Qualcomm’s first venture into processor chips. The company tried to make inroads in the industry four years ago but those efforts were halted.
Since then, Qualcomm has acquired Nuvia, which would be expected to take on this venture.
Why this Matters
Qualcomm would be entering a crowded market, with players like Nvidia (NASDAQ: NVDA) & Intel (NASDAQ: INTC) already supplying the biggest customers like Amazon (NASDAQ: AMZN) & Microsoft (NASDAQ: MSFT).
Qualcomm to have (another) go at server processors 🖥
