AIUpdated November 5

Qualcomm projects rapid growth beyond phones

Qualcomm is framing data centers as one part of a broader move beyond phones. It projects non-handset revenue will grow more than 60% year over year in fiscal 2027, and CEO Cristiano Amon called the year the start of an inflection in non-handset revenue, including the data-center ramp. Its Q4 results also showed 36% year-over-year growth in combined automotive and IoT revenue, another part of that non-handset picture.

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Coverage started November 5