Qualcomm will not exit data center business, chip chief says
Qualcomm, the largest maker of chips in mobile phones, last year launched chips that use technology from Softbank Group Corp’s ARM Holdings to power the workhorse computer servers behind cloud-based services such as social networks. Qualcomm’s push to enter the data center market puts it in direct competition with Intel Corp, which dominates data centers and now draws half of its revenue from servers and other “data centric” chips.