{"id":1016982,"date":"2026-06-26T08:04:07","date_gmt":"2026-06-26T02:34:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1016982"},"modified":"2026-06-26T08:09:39","modified_gmt":"2026-06-26T02:39:39","slug":"qualcomm-forecasts-15-billion-data-center-chip-sales-by-2029-shares-soar","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/26\/qualcomm-forecasts-15-billion-data-center-chip-sales-by-2029-shares-soar\/","title":{"rendered":"Qualcomm forecasts $15 billion data center chip sales by 2029, shares soar"},"content":{"rendered":"<p>Qualcomm said it expects to generate $15 billion in sales from its data center business \u200bby 2029 as it moves beyond its \u200bcore smartphone chips, sending shares more than 12% higher in after-hours trading on Wednesday. <\/p>\n<p>Chief \u200bFinancial Officer Akash Palkhiwala said at an investor presentation that the data center business will bring in $5 billion for fiscal 2027, with $1 billion coming from the new custom-chip customers. <\/p>\n<p>Qualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from \u200cprevious estimates of $22 billion, \u2060and \u2060with handsets only making up a third of its chip revenue by then.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qualcomm said it expects to generate $15 billion in sales from its data center business \u200bby 2029 as it moves beyond its \u200bcore smartphone chips, sending shares more than 12% higher in after-hours trading on Wednesday. Chief \u200bFinancial Officer Akash Palkhiwala said at an investor presentation that the data center business will bring in $5 billion for fiscal 2027, with $1 billion coming from the new custom-chip customers. Qualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from \u200cprevious estimates of $22 billion, \u2060and \u2060with handsets only making up a third [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1016982","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1016982"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016982\/revisions"}],"predecessor-version":[{"id":1016983,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016982\/revisions\/1016983"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1016982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1016982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1016982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}