Skip to content
K = 0.731Subscribe

Qualcomm Forecasts Data Centers Could Reach 30% of Its Business

1 reports 1 reporting sources Updated 2 hours ago

Understand the event

AI overview

Qualcomm expects data center chips to eventually make up around 30 percent of its business, as smartphone sales fall around 20 percent compared with 2025. On its Q4 2026 earnings call, the company forecast data center revenue of around $650 million in the first quarter of 2027, $5 billion by the end of 2027, and $15 billion by 2029.

Generated by AI from reports · Updated 29 minutes ago

Latest development11/5 06:42 (UTC+8)
Qualcomm Bets on Data Centers as Smartphone Sales FallThe Verge · AI

Read next

More changes in today’s briefingOpenAI Releases Images 2.6 With SVG Export, GIFs, and Faster Generation

Report timeline

Follow the reports to explore different sides of the event.

11/5
  1. The Verge · AI
    Qualcomm Bets on Data Centers as Smartphone Sales Fall

    Qualcomm expects data center chips to eventually account for around 30 percent of its business as smartphone sales fall by around 20 percent compared with 2025. On its Q4 2026 earnings call, the company forecast data center revenue of around $650 million in the first quarter of 2027, $5 billion by the end of 2027, and $15 billion by 2029.

Keep up with AI, one email a day

Model releases, price changes and compute developments, with original sources. Free, confirmed by email, and easy to unsubscribe. Read a past issue

Event heat trend

There is not enough continuous observation data to plot a trend yet.