Qualcomm CEO: Custom Silicon Revenue to Begin in December Quarter
Qualcomm's CEO announced that two near-term custom silicon wins will start generating revenue in the December quarter, with wafer production already begun and the tape-out of HBC Gen 1 completed.
During a recent conference call, Qualcomm's chief executive provided an update on the company's custom silicon projects. The CEO stated that two near-term design wins in custom silicon are expected to begin contributing to revenue in the upcoming December quarter.
Progress on the engineering front was also highlighted. Wafer production has commenced for the custom silicon platforms, marking a key manufacturing milestone. Additionally, the tape-out of the HBC Gen 1 chip has been successfully completed, indicating the design is finalized and ready for fabrication.
The remarks signal tangible advancement in Qualcomm's diversification strategy, moving beyond mobile processors into tailored silicon for specific high-value applications. Investors reacted positively to the timeline clarity and operational progress.
Source: First Squawk