QCOM · News · 20261106N
Data Center Revenue Outlook
QUALCOMM INC/DE · 2026-11-06 · Importance 52 · Surprise 42 · In source text
A third-party report said Qualcomm is expanding into AI data-center chips and projects data-center chip revenue of $15 billion by 2029. The article characterized Alphabet’s $548 million Qualcomm stake as supporting the chipmaker’s expansion into the AI data-center market. It also cited existing collaborations between the companies in mobile and automotive AI, while noting backing for Qualcomm’s data-center initiatives from Amazon, Microsoft, and Meta.
Key facts
- QUALCOMM's data-center chip revenue is projected to reach $15 billion by 2029. source
- Qualcomm CEO Cristiano Amon said the company was just starting its journey in the data center. source
- Alphabet acquired a $548 million stake in QUALCOMM. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | QUALCOMM's data-center chip revenue is projected to reach $15 billion by 2029. |