Wed. Jan 22nd, 2025

The iPhone maker is looking to ultimately overtake Qualcomm’s technology by 2027, the report said, citing people familiar with the matter. Qualcomm, a leading designer of modem chips that connect phones to mobile data networks, has warned investors that Apple will eventually stop using its chips. The chip designer has a deal to keep selling chips to Apple until at least 2026 and investors are keen to see if Qualcomm’s push into laptops and AI-powered data centers can accelerate quickly enough to compensate for potential drops in revenue from Apple.

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