QCOM · 10-K · 2026A · Full report

Data Center Revenue Outlook

QUALCOMM INC/DE · 2026-11-04 · Importance 40 · Surprise 42

Qualcomm reported $235 million in higher Data Center equipment and services revenue, primarily driven by its acquisition of Alphawave in the first quarter of fiscal 2026. It expects Data Center revenue growth beginning in the first quarter of fiscal 2027 as shipments ramp under previously announced custom silicon agreements. The agreements are with certain large hyperscale customers.

Key facts

• QUALCOMM INC/DE expects Data Center revenue growth beginning in the first quarter of fiscal 2027 as shipments ramp under previously announced custom silicon agreements with certain large hyperscale customers. source