<div id="readability-page-1"><div id="ctl00_CPI_dvBody"><div><div><p>Add <img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png"/> as your preferred news source on Google</p><div><p><img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png"/> Add Now</p></div></div></div><p> Chip designer Qualcomm Inc. (QCOM) announced late Wednesday that it has signed a multi-generation agreement to supply data center CPUs to Meta Platforms, Inc. (META). </p><p>Qualcomm's First-generation data center CPU - Dragonfly C1000, is set to enter production in the second half of 2028.</p><p>The financial terms of the deal were not disclosed.</p><p>Qualcomm shares rose 12.27 percent to $221.63 in the overnight trading on the Nasdaq, after ending Wednesday's regular session 3.29 percent lower.</p><p>Qualcomm said the CPU will power Meta's next-generation server fleet. The chip is designed for performance per watt and lower total cost of ownership at scale.</p><p>&#34;We designed our data center CPU to deliver leading performance per core and a breakthrough in power efficiency for large scale data center deployments, and this multi-generation agreement with Meta is a significant validation of that approach,&#34; said Cristiano Amon, President and CEO, Qualcomm. </p><p>In overnight trading on the Nasdaq, shares of Meta were up 0.11 percent, changing hands at $558.31, after closing Wednesday's regular session 0.81 percent lower. </p><p>For comments and feedback contact: editorial@rttnews.com</p><p>Business News</p></div></div>

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<p>Qualcomm announced a multi-generation agreement to supply data center CPUs, including the Dragonfly C1000, to Meta. Production is scheduled for H2 2028. The deal aims to power Meta's next-gen servers with high performance and efficiency. Qualcomm shares rose over 12% in overnight trading following the announcement.</p>

- Qualcomm Inc. announced a multi-generation agreement to supply data center CPUs to Meta Platforms, with the first-generation CPU, Dragonfly C1000, set for production in late 2028.  
- The financial details of the deal remain undisclosed, but Qualcomm's shares rose 12.27% in after-hours trading following a previous decline.  
- The CPU aims to enhance performance and energy efficiency for Meta's data center needs, reflecting a positive endorsement of Qualcomm's CPU design strategy.

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Qualcomm To Supply Data Center CPUs To Meta, Production Set For H2 2028; Stock Up