Chips and hardwareUpdated November 5

Qualcomm projects faster non-handset growth in fiscal 2027

Qualcomm says fiscal 2027 marks the start of an inflection in non-handset revenue. The company projects growth of more than 60% year over year and reiterated its $5 billion data-center revenue target for the year; those are forecasts, not results already achieved. In the latest quarter, combined automotive and IoT revenue grew 36% year over year.

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Coverage started November 5