# Qualcomm expects data centers to reach 30% of its business

- Published: 2026-11-04T22:42:15.000Z
- Updated: 2026-11-05T10:13:03.206Z
- Section: Market
- Topics: Business, Hardware
- Page: https://aidailyjournal.com/en/n/2026/11/04/qualcomm-expects-data-centers-to-reach-30-of-its-business/
- Sources: [The Verge](https://theverge.com/ai-artificial-intelligence/1026867/qualcomm-earnings-data-centers)

## Summary

Qualcomm is expanding its bet on data center chips as smartphone sales fall by around 20 percent compared with 2025, The Verge reports. During its fourth-quarter 2026 earnings call, the company cited partnerships with Amazon and Meta and forecast about $650 million in data center revenue for the first quarter of 2027.

Qualcomm expects that revenue to reach $5 billion by the end of 2027 and $15 billion in 2029. The company said data center chips could eventually account for around 30 percent of its business; its total revenue in 2026 was $10.4 billion.

## Why it matters (editorial interpretation)

The forecast suggests a significant shift in Qualcomm’s business mix as it expands its bet on data-center chips while smartphone sales decline. The partnerships cited with Amazon and Meta will be an important part of that plan if the revenue projections materialize.

_Summary written by AI Daily Journal in its own words, based on the sources above. For details, read the original articles._