Questions whether Chinese OEMs can follow premiumization trend like Apple/Samsung to mitigate impact of projections, potentially benefiting Qualcomm.
CNBC Host
Cristiano Amon
Premium tier is more resilient historically, OEMs are prioritizing premium/high tier phones and testing consumer reaction to higher prices.
Cristiano Amon
If AI/data center applications are successful and filter to phones, it could drive upgrade cycles benefiting Qualcomm, but need to wait a couple quarters.
Asks timeline for Qualcomm to see upside from data center push given current handset constraints from AI data center demand.
CNBC Host
Cristiano Amon
Confident 2027 will start to see revenue from data center; moving to new architecture for AI inference at scale.