This time around, Qualcomm has Nuvia, staffed with chip designers from companies such as Apple. Amon, who acquired the business for about $1.4 billion in 2021, has said that its work will help revitalize Qualcomm’s high-end offerings for smartphones. But Nuvia was founded as a provider of technology for the server industry. The market for cloud computing infrastructure — the kind of equipment that Amazon, Google and Microsoft use to whisk data around the world — generated $73.9 billion last year, according to research firm IDC. That was up 8.8% from 2020. The owners of giant cloud data centers have long relied on Intel’s chip technology for their servers. But they’re increasingly embracing processors that use designs from Arm, a key partner in phone chips for San Diego-based Qualcomm.
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