Qualcomm Forecasts $15 Billion in Data Center Sales by 2029
Originally published Jun 24, 2026
By Ian King · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jun 24, 2026
Key points
- Qualcomm expects data center sales to exceed $15 billion annually by 2029.
- The forecast is based on the rising demand for AI components in data centers.
- Qualcomm aims to leverage its expertise in mobile chips to enter the data center market.
Qualcomm Inc. predicts annual sales of over $15 billion by fiscal 2029 in the growing market for AI components used in data centers. The company aims to extend its leadership in mobile phone chips to this new sector.
Read the original story: Bloomberg — Technology — by Ian King