QCOM · News · 20260825N

Data Center Revenue Outlook

QUALCOMM INC/DE · 2026-08-25 · Importance 100 · Surprise 100 · In source text

Third-party reporting said Qualcomm is pivoting toward data-center and AI silicon, with management projecting non-handset revenue growth of more than 60% in fiscal 2027. Data-center revenue is reportedly expected to reach $5 billion in fiscal 2027, supported by hyperscaler custom-silicon wins and a deal with Meta Platforms. The outlook coincides with the expected expiration of Qualcomm’s modem contract with Apple in March 2027, increasing the strategic importance of data-center diversification.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable—Qualcomm expects data center revenue to reach $5 billion in fiscal 2027.