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Qualcomm is focusing on data centers to counteract a 20 percent drop in smartphone sales compared to 2025. During its Q4 2026 earnings call, the company outlined plans for growth in the AI data center sector, forecasting revenues of $650 million in early 2027 and $15 billion by 2029.
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Qualcomm is focusing on data centers to counteract a 20 percent drop in smartphone sales compared to 2025. During its Q4 2026 earnings call, the company outlined plans for growth in the AI data center sector, forecasting revenues of $650 million in early 2027 and $15 billion by 2029.
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Qualcomm is betting big on data centers as smartphone sales sink
Qualcomm shifts focus to data centers amid declining smartphone sales