Qualcomm's stock price took a dramatic turn after the market closed on Wednesday. During the earnings call, Qualcomm CEO Cristiano Amon disclosed that the company is set to deliver data center chips to a large-scale hyperscale cloud service provider within the current year. Although the identity of the customer remains undisclosed, more details are expected to be revealed in June. Qualcomm's Q2 earnings report revealed profits that surpassed Wall Street's expectations. However, its guidance for future performance did not meet market forecasts, leading to a temporary 7% drop in the stock price. Qualcomm has already rolled out its self-developed data center chips and secured a cooperation agreement with OpenAI just last week. The company anticipates that its Q3 revenue will fall short of analyst estimates. It also noted that the rise in memory prices this year has had an impact on the consumer electronics end market. Amon expressed his belief that the current quarter represents the bottom turning point for China's smartphone market. He also stated that memory shortages would not disrupt the shipment plans for data center chips. Additionally, Qualcomm's automotive business revenue witnessed substantial year-on-year growth, with its autonomous driving processor business achieving economies of scale. Starting in 2025, Apple plans to replace Qualcomm's baseband chips with its own self-developed chips. If OpenAI introduces AI-powered end devices, it is projected to become Qualcomm's next significant customer. Currently, Qualcomm has engaged in chip design collaborations with the majority of AI companies.