Qualcomm sets fiscal 2029 targets of $40B non-handset and over $15B data-center revenue

At its 2026 Investor Day, Qualcomm set fiscal 2029 targets of $40 billion in non-handset revenue and more than $15 billion in data-center revenue. It also targets non-GAAP diluted EPS above $18.00 and expects handsets to make up about one-third of QCT revenue by then. The data-center goal is the main new element of the plan.

• Non-handset revenue: $40 billion by fiscal 2029
• Data-center revenue: more than $15 billion by fiscal 2029
• Automotive revenue: $10 billion by fiscal 2029
• IoT revenue: more than $14 billion by fiscal 2029
• Non-GAAP diluted EPS: more than $18.00
• Handsets about one-third of QCT revenue by fiscal 2029