Qualcomm Doubles its Revenue Forecast! Meta and Microsoft Become Major Customers for Dragonfly Chips!
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Strong forecast upgrade: Qualcomm doubles its revenue forecast for the non-smartphone business to $40 billion by fiscal year 2029 Targeting data centers: With the new Dragonfly platform, the company aims for more than $15 billion in revenue from AI infrastructure by 2029 Billion-dollar acquisition for software: Acquisition of Modular for $3.92 billion provides the counterpart to Nvidia's CUDA platform The semiconductor company Qualcomm (i)(QCOM) is using its investor day in New York for a fundamental strategic realignment. Previously...
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