Qualcomm forecasts $650 million in data center revenue for Q1 2027
AIQualcomm expects data center chips to reach $650 million in revenue in the first quarter of 2027, rising to $5 billion by the end of 2027 and $15 billion by 2029. The company says data centers will eventually account for about 30% of its business, as smartphone sales fall around 20% compared with 2025.
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The Verge · AI · Terrence O’Brien · theverge.comPublished · added here
Original title: Qualcomm is betting big on data centers as smartphone sales sink