Qualcomm shares soared 15% after the company nearly doubled its 2029 non-handset revenue projection to $40 billion, significantly exceeding prior estimates.
Meta will be using Dragonfly C1000 when Qualcomm starts production in 2028
Jun 25, 2026
09:57 am
What's the storyQualcomm's stock price skyrocketed by 15% in after-hours trading on Wednesday.
The surge came after the semiconductor giant revealed a new AI chip for data centers and revised its fiscal 2029 non-handset revenue forecast from $22 billion to a whopping $40 billion.
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