On June 25, Qualcomm announced at its 2026 Investor Day that it is accelerating its diversification strategy and unveiled its overall data center strategy, marking the initiation of new growth across all levels of the computing continuum. Qualcomm has raised its revenue target for non-mobile businesses to $40 billion in fiscal year 2029, with data center business exceeding $15 billion, automotive business reaching $10 billion, and IoT business surpassing $14 billion.
