Qualcomm is betting big on data centers as smartphone sales sink

With smartphone income tanking by astir 20 percent compared to 2025, Qualcomm is looking to information centers to assistance boost its bottommost line. During its Q4 2026 earnings call, the institution laid retired its plans to marque a splash successful the AI information halfway business, done partnerships with companies similar Amazon and Meta announced earlier this year. The institution expects that information of its concern to turn quickly, forecasting astir $650 cardinal successful information halfway gross during the archetypal 4th of 2027. But it anticipates that volition scope $5 cardinal by the extremity of 2027 and $15 cardinal by 2029.

Considering the company's total revenue for 2026 was $10.4 billion, …

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