QUALCOMM Incorporated (QCOM) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

SA Transcripts 162.12K Followers Follow QUALCOMM Incorporated ( QCOM ) Goldman Sachs Communacopia + Technology Conference 2026 September 8, 2026 11:45 AM EDT Company Participants Akash Palkhiwala - Executive VP, CFO & COO Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Goldman Sachs Group, Inc., Research Division Okay. Good morning, everybody. Welcome to the Goldman Sachs Communacopia and Technology Conference. My name is Jim Schneider. I'm the semiconductor analyst here at Goldman, and it's my pleasure to welcome you to our first session of the day. We're very happy to have Qualcomm, and CFO and COO, Akash Palkhiwala, with us today. Welcome, Akash. Akash Palkhiwala Executive VP, CFO & COO Thank you. Thank you for having me here. Question-and-Answer Session James Schneider Goldman Sachs Group, Inc., Research Division Akash, I think at the highest level, Qualcomm is working pretty hard to diversify beyond smartphones over a number of years. I want to get your latest thoughts on the progress starting with data center, but you had a very exciting announcement this morning. So I think a custom silicon agreement with Amazon, multiyear in nature and with some warrants attached to it. Maybe you can kind of unpack that for us, help us dimensionalize the opportunity both in terms of size, type of products and so on to the extent you can. Akash Palkhiwala Executive VP, CFO & COO Sure, sure. So first of all, thank you for having me here. Very exciting deal for us. I think as you rightly noted, the company is transforming. We are -- used to be a smartphone -- primarily a smartphone company. As we look forward, we are very much a highly diversified company with, I'd say, three legs of the stool. We have smartphones, we have auto, IoT and data center. And we set pretty compelling targets for our data center business a couple of months ago at our Investor Day. And so