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QUALCOMM Incorporated (QCOM) Presents at J.P. Morgan 54th...
2026-05-20 · via All Articles on Seeking Alpha

QUALCOMM Incorporated (QCOM) J.P. Morgan 54th Annual Global Technology, Media and Communications Conference May 19, 2026 3:35 PM EDT

Company Participants

Akash Palkhiwala - Executive VP, CFO & COO

Conference Call Participants

Samik Chatterjee - JPMorgan Chase & Co, Research Division

Presentation

Samik Chatterjee
JPMorgan Chase & Co, Research Division

Thank you. Good afternoon, everyone. We are here to host the fireside chat with Qualcomm and one of my favorite sessions from the -- at the conference every year and with one of my favorite people here, Akash, who we were discussing outside, proves me wrong every time. It's always a good time. Akash, thank you for being here. Akash, who is the Chief Financial Officer and Chief Operating Officer of Qualcomm. Thank you for the time here.

Question-and-Answer Session

Samik Chatterjee
JPMorgan Chase & Co, Research Division

A lot going on. So let's get into them one by one. You've talked about 3 different opportunities in accelerators, CPUs and custom silicon now over different points of time. Let's maybe start on custom CPUs. That's driving the most amount of discussion with shareholders or investors at this time. How should we think about Qualcomm's opportunity, differentiation in custom CPUs, and remind me of timelines and any acceleration on the timelines as well?

Akash Palkhiwala
Executive VP, CFO & COO

Sure, sure. So first of all, it's great to be here. Thanks for hosting. So we're very excited. I think we've kind of waited for the right opportunity to have a set of assets that's extremely relevant and material to what's happening in data center. And so at our earnings recently, we talked about how we're going to enter the data center business. And there's 3 key areas that we outlined. The first one is custom silicon. So to Samik's question, what we discussed is that we are working with a hyperscaler, and