--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000759452.md" description: "๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: $Qualcomm(QCOM.US) Qualcomm Raises 2029 Targets, Unveils $15B AI Data Center Strategy๐Ÿ‘‰ ๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โžค Qualcomm raised its ๐Ÿ๐ฒ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— ๐ง๐จ๐ง-๐ก๐š๐ง๐๐ฌ๐ž๐ญ revenue target to $40 billion, nearly double its prior goal.โžค Unveiled a comprehensive ๐€๐ˆ ๐๐š๐ญ๐š ๐œ๐ž๐ง๐ญ๐ž๐ซ strategy targeting over $15 billion in FY2029 revenue.โžค Expanded ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž design-win pipeline to $65 billion with a $10 billion FY2029 revenue target.โžค FY2029 ๐ˆ๐จ๐“ revenue target exceeds $14 billion, including $8 billion from industrial, networking and robotics.โžค Qualcomm targets $6 billion in ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐€๐ˆ and compute revenue by FY2029.โžค Handsets are expected to contribute only about one-third of QCT revenue by FY2029.โžค Company sees $1.7 trillion total addressable market by 2030 across AI-driven growth sectors.โžค Qualcomm targets more than $18 in non-GAAP EPS by FY2029.๐Ÿ‘‰ ๐–๐ก๐ฒ ๐ˆ๐ญ ๐Œ๐š๐ญ๐ญ๐ž๐ซ๐ฌ:โžค Qualcomm is accelerating its shift beyond smartphones into ๐€๐ˆ, cloud and edge computing.โžค Data center expansion positions Qualcomm to compete in the rapidly growing ๐€๐ˆ ๐ข๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž market.โžค Higher long-term targets signal confidence in ๐๐ข๐ฏ๐ž๐ซ๐ฌ๐ข๐Ÿ๐ข๐ž๐ revenue growth and profitability.๐Ÿ‘‰ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐’๐ญ๐š๐ญ๐ž๐ฆ๐ž๐ง๐ญ:โžค "We are defining Qualcommโ€™s next chapter as we accelerate our edge diversification strategy, introduce a comprehensive roadmap for next-generation AI data centers, and evolve into a platform company. Our presence across the entire compute continuum and unparalleled technology capabilities, in low-power computing, AI and connectivity put us in a strong position to capture these opportunities." โ€” ๐‚๐ซ๐ข๐ฌ๐ญ๐ข๐š๐ง๐จ ๐€๐ฆ๐จ๐ง, President and CEO, Qualcomm Incorporated." datetime: "2026-06-24T20:35:49.000Z" locales: - [en](https://longbridge.com/en/topics/100000000759452.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000759452.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000759452.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" generator: "portal-rs" --- # ๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: $Qualcomm(QCOM.US) Qualcomm Raises 2029โ€ฆ ### Related Stocks - [QCOM.US](https://longbridge.com/en/quote/QCOM.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**