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Big good news—Wave 2! Qualcomm is really going off! 🔥
Shares surged 14%+ after hours. The CFO personally dropped the ultimate “big win”: by 2029, the revenue target for non-phone business will be $40 billion—double!
AI data centers are the biggest highlight—first reach $5 billion in 2027, then surge to $15 billion+ in 2029. Automotive business order backlog is $65 billion, with $10 billion in revenue in 2029. IoT, industrial robots, and Personal AI all are flourishing.
The toughest part: in the future, the phone business will account for only one-third of core semiconductor revenue.
From a “mobile chip company” to an “AI compute power powerhouse for all scenarios,” Qualcomm is redefining itself. The goal of $100 billion in annual revenue isn’t a fantasy.
In the AI era, whoever controls compute power controls the future. #高通 #QCOM $QCOM