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Qualcomm (QCOM) CEO Cristiano Amon doesn't think his tech giant should be lumped in with other AI stocks recently being dumped hand over fist. "We're new to the data center, so all of these things don't really apply to us. There is no AI correction in Qualcomm," Amon said at Yahoo Finance Invest when asked about the tech stock rout following the midterm elections. "We are just starting on our journey on the data center," he added. "But here's one thing that is important to look at. When I look at the semiconductor industry today, it's on an extreme shortage. We're short on wafers, we're short on substrate, we're short on assembly. Everything is short because demand is very, very high. The second thing is everybody talks about it.
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