Qualcomm stock surged over 13% after doubling its non-handset revenue target to $40 billion by fiscal 2029, with $15 billion expected from AI data centers.

Qualcomm to Acquire AI Software Firm Modular in $3.9 Billion Stock Deal

Qualcomm to Acquire AI Software Firm Modular in $3.9 Billion Stock Deal

June 24 : Qualcomm said on Wednesday that Microsoft and Meta Platforms will use its new AI chips and that it will make custom chips for two other unnamed "hyperscalers."The San…

June 24 : Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into the fast-growing, but highly competitive, market for…

Qualcomm (NASDAQ:QCOM) shares are surging in Wednesday's after-hours session after the company provided an updated outlook.

Qualcomm targets $15B in data center revenue by FY29, up from $0.3B today, while its auto pipeline hits $65B. Here's what the numbers actually mean.

Qualcomm's CFO says the company can scale to $100B in annual revenue, a major leap from its current $30-40B run rate, driven by automotive, IoT, and AI

Qualcomm stock surged over 13% after doubling its non-handset revenue target to $40 billion by fiscal 2029, with $15 billion expected from AI data centers.

Qualcomm shares jump 14% on Modular acquisition, guidance upgrade - SiliconANGLE

June 24 : Shares of chipmakers surged late on Wednesday, adding over $400 billion in market value after strong forecasts from Micron Technology and Qualcomm breathed fresh life…

Qualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $22 billion, and with handsets only…

Chip stocks surged on Wednesday, adding over $400 billion in market value, fueled by optimistic forecasts from Micron Technology and Qualcomm. Micron's strong outlook for memory…

Micron and Qualcomm earnings sparked a $400 billion AI chip stock rally, with $22 billion in customer commitments and sold-out memory supply fueling

Morgan Stanley upgrades Qualcomm to Equalweight with a $231 price target, reversing its bearish stance as Qualcomm targets $15B in data center AI revenue by

Qualcomm punta a oltre 15 miliardi di dollari dai data center entro 2029, una strategia innovativa che cambia le dinamiche del mercato.

QCOM stock surges as Qualcomm targets $15B in data center AI revenue by FY29 and signs a major server CPU deal with Meta.

La società prevede di raggiungere 40 miliardi di dollari di fatturato annuo nelle attività diverse dagli smartphone entro il 2029