# Qualcomm forecasts $650 million in data center revenue for Q1 2027

> Original title: Qualcomm is betting big on data centers as smartphone sales sink

- Source: The Verge · AI
- Published: 2026-11-04T22:42:15.000Z
- Bad Influence: https://badinfluence.news/items/oye75ug4w310nuyzzgeggerht
- Original: https://www.theverge.com/ai-artificial-intelligence/1026867/qualcomm-earnings-data-centers

## Summary

Qualcomm 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. Qualcomm's 2026 total revenue was $10.4 billion.