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Qualcomm expects data center revenue above $650 million in December quarter

By Vivian Nguyen

Qualcomm's ambitious data center revenue targets highlight its strategic pivot towards AI infrastructure, emphasizing execution and customer reliance. The post Qualcomm expects data center revenue above $650 million in December quarter appeared first on Crypto Briefing.

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Data centre

A facility that houses large numbers of servers and networking equipment to store and process data.

Data centres use large amounts of electricity and water, which makes their location a local and climate issue.

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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