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QCOM Raises Non-Handset Target

Qualcomm raises fiscal 2029 non-handset revenue target to $40B

QCOM

QCOM RAISES FISCAL 2029 NON-HANDSET REVENUE TARGET TO $40B Qualcomm raised its fiscal 2029 non-handset revenue target to $40B.

On the data center business specifically, the CFO laid out: - Fiscal 2027 AI data center revenue: $5B target - Fiscal 2029 data center revenue: in excess of $15B The targets follow Qualcomm's newly announced Microsoft and Meta data center deals.