StocksMedium•13 November 2026•
1 min read
Qualcomm Targets $5B Data Center Revenue by 2027 in Strategic Shift
Key Facts
1Qualcomm has shifted its data center business strategy from development to commercial revenue generation.
2The company is targeting $5 billion in sales from its data center business for fiscal year 2027.
Qualcomm has shifted its data center business strategy from development to commercial revenue generation. Benzinga reported that the company is targeting $5 billion in sales from its data center business for fiscal year 2027. The move is designed to diversify revenue streams beyond mobile chips and capitalize on increasing data center demand.
QCOM closed at $177.14 on November 12, 2026, having reached a day high of $183.4 and a low of $175 during that session. This strategic pivot aims to offset smartphone market volatility by establishing a long-term growth segment within the data center industry.