Qualcomm shares soared 15% after the company nearly doubled its 2029 non-handset revenue projection to $40 billion, significantly exceeding prior estimates.

Company also debuted the Qualcomm High Bandwidth Compute and the Qualcomm Dragonfly AI300 inference accelerator

Qualcomm revealed its ambitious data center roadmap at Investor Day, securing a pivotal multi-year agreement with Meta to deploy its advanced technologies.