Qualcomm (QCOM.O) shares rose as much as 15% in after-hours trading after the CFO raised long-term targets for data-center and non-phone businesses. The The company increased its FY2029 non-phone revenue target to $40.0 billion, roughly double its pr

2026-06-25

Qualcomm (QCOM.O) shares rose as much as 15% in after-hours trading after the CFO raised long-term targets for data-center and non-phone businesses. The The company increased its FY2029 non-phone revenue target to $40.0 billion, roughly double its prior FY2029 goal, and is targeting over $15.0 billion of AI data-center revenue in FY2029.

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