Qualcomm Raises Non-Handset Revenue Target and Details Data Center Ambitions
At an investor day event, Qualcomm nearly doubled its non-handset revenue target for fiscal 2029 to $40 billion from $22 billion. The company also outlined a goal of over $15 billion in data center revenue by the same year and announced a multi-year deal with Meta Platforms (NASDAQ: META) using its new server processor, Dragonfly C1000.
Topics: AI accelerators data centers Meta partnership Qualcomm revenue targets