Qualcomm bets on data-centre chips, expects them to reach 30% of business
What happened
On 5 November 2026, Qualcomm confirmed on its fiscal Q4 2026 earnings call that it expects data-centre chips eventually to account for about 30% of its business. The company forecasts revenue from the business to rise from about $650m in Q1 2027 to $5bn by the end of 2027 and $15bn in 2029. Qualcomm is entering the AI data-centre market through partnerships with companies including Amazon and Meta. The report said Qualcomm is pivoting to data centres as smartphone sales fell about 20% from 2025, and that its total revenue for 2026 was $10.4bn.
Written by AI from the reports · updated 4 h ago
Timeline
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- The Verge · AIQualcomm is betting big on data centers as smartphone sales sink
With smartphone sales tanking by around 20 percent compared to 2025, Qualcomm is looking to data centers to help boost its bottom line.
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Current heat 8·Peak in the comparable range 9（Nov 5 11:00）·Change over 24 hours in the comparable range –
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