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Qualcomm (QCOM.O) CFO said the company targets data-center revenue exceeding $15 billion in fiscal 2029.
2026-06-25
Qualcomm (QCOM.O) CFO said the company targets data-center revenue exceeding $15 billion in fiscal 2029.
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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 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.
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 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.
2026-06-25
China A-share advanced packaging theme strengthened amid choppy trading. Changdian Technology recorded three limit-up sessions in four trading days and extended to a record high; Shengjian Technology, Guolin Technology, Xinyuan Micro and Zhongke Feice also rose.
China A-share advanced packaging theme strengthened amid choppy trading. Changdian Technology recorded three limit-up sessions in four trading days and extended to a record high; Shengjian Technology, Guolin Technology, Xinyuan Micro and Zhongke Feice also rose.
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