Qualcomm (NASDAQ: QCOM) Targets $40 Billion In Non-Handset Revenue By 2029 As Data Center Push Takes Shape

Qualcomm (NASDAQ: QCOM) Targets $40 Billion In Non-Handset Revenue By 2029 As Data Center Push Takes Shape

Qualcomm Incorporated (NASDAQ: QCOM) used its 2026 Investor Day to unveil an accelerated diversification strategy spanning data centers, automotive, robotics, and industrial AI platforms. The company raised its fiscal 2029 non-handset revenue target to $40 billion, roughly double its previously stated goal, signaling a dramatic shift in business composition. A newly announced data center AI infrastructure strategy carries a revenue target of mor…