Qualcomm’s FY2027 Q1 guidance includes first custom chip shipments to two hyperscalers
Photo: Crypto Briefing
CFO Akash Palkhiwala says data center revenue starts flowing next quarter, with Amazon Web Services and an unnamed cloud giant leading the way Qualcomm has spent years being described as a smartphone chip company. Its latest guidance suggests it would like that description retired. CFO Akash Palkhiwala said the company’s first-quarter guidance for fiscal 2027 includes initial shipments of custom chips to two hyperscale cloud customers. That makes the next quarter the official starting line for Qualcomm’s data center revenue. The disclosure arrived with Qualcomm’s fiscal Q4 2026 earnings release on November 4, 2026.
Source: Crypto Briefing
