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

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…

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