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  4. Qualcomm to Broaden Semiconductor Offerings - Bloomberg
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Qualcomm to Broaden Semiconductor Offerings - Bloomberg

By Sam Boughedda Qualcomm (NASDAQ:QCOM) will make another attempt at the server processor market, Bloomberg revealed Thursday, citing people familiar with the matter. The company...
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Qualcomm to Broaden Semiconductor Offerings - Bloomberg © Reuters. Qualcomm (QCOM) to Broaden Semiconductor Offerings - Bloomberg

By Sam Boughedda

Qualcomm (NASDAQ:QCOM) will make another attempt at the server processor market, Bloomberg revealed Thursday, citing people familiar with the matter.

The company is said to be looking to reduce its reliance on smartphones and tap into the fast-growing industry.

Bloomberg's Ian King explained that Qualcomm is looking for customers for a product originating from its purchase of chip startup Nuvia, with Amazon (NASDAQ:AMZN)'s AWS business agreeing to look at Qualcomm's offerings.

Qualcomm's Chief Executive Officer Cristiano Amon is attempting to pivot Qualcomm away from just smartphone chips and into a broader provider of semiconductors. Still, a previous move into the server market was unsuccessful.

Qualcomm shares rallied following the news, hitting a high of $152.91. They are currently trading at $151.12, up 1.7% on the day.

Qualcomm acquired Nuvia, a provider of technology for the server industry, for approximately $1.4 billion in 2021.

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01-05-2024 10:45:17 (UTC+7)

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USD/JPY

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AUD/USD

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EUR/CHF

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 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
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 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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SJC 99%7,196/ 7,396
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Cập nhật 01-05-2024 10:45:19
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