Qualcomm is betting big on data centers as smartphone sales sink.

Considering the company’s total revenue for 2026 was $10. The company expects that portion of its business to grow quickly, forecasting around $650 million in data center revenue during the first quarter of 2027. During its Q4 2026 earnings call, the company laid out its plans to make a splash in the AI data center business, through partnerships with companies like Amazon and Meta announced earlier this year. 4 billion, …
Read the full story at The Verge. But it anticipates that will reach $5 billion by the end of 2027 and $15 billion by 2029.