Qualcomm ups 2029 non-handset revenue target to $40B, sets $15B+ data center AI, EPS > $18 goals

 

• At its 2026 Investor Day, Qualcomm set a long-term non-GAAP EPS target above $18.
• Outlined expanded diversification strategy focused on non-handset revenue growth and data center business expansion.
• Launched AI data center portfolio as part of its data center growth strategy.
• Secured multi-generation CPU deals with Meta and Microsoft, according to Qualcomm's latest announcement.

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