is the Verge’s weekend editor. He’s covered the tech industry for complete 18 years and knows a item or two concerning synths.
With smartphone revenue tanking by about 20 percent compared to 2025, Qualcomm is looking to data centers to assistance boost its base line. During its Q4 2026 earnings call, the business laid out its plans to create a scatter in the AI data center business, through partnerships alongside companies akin Amazon and Meta announced before this year. The business expects that part of its endeavor to develop quickly, forecasting about $650 myriad in data center income during the archetypal fourth of 2027. But it anticipates that volition attain $5 milliard by the end of 2027 and $15 milliard by 2029.
Considering the company’s total revenue for 2026 was $10.4 billion, that would form a important portion of its earnings. It confirmed during the call that it expects data centers to eventually document for about 30 percent of its business.
That’s not fairly as aspiring as AMD, which says that it expects over 80 percent of its income volition eventually arrive from data centers. But it suggests there’s plentifulness of petition that needs to be filled and adequate AI prosperity to go around.
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