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Qualcomm Shares Surge in After-Hours Trading Following CFO's Announcement of Raised Long-Term Revenue Targets for Data Centers and Non-Handset Businesses
1 week ago /
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Author：小编
On June 25, the stock price of chipmaker Qualcomm experienced a notable surge, climbing as much as 15% during after-hours trading on the US stock market. Qualcomm revealed a substantial upward revision in its revenue projections for non-handset businesses, setting a new target of $40 billion for fiscal year 2029—approximately double the initial forecast. Concurrently, the company established an ambitious objective to generate over $15 billion in revenue from AI data centers by the same fiscal year.
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