Qualcomm Inc

QCOM: XNAS (USA)
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Qualcomm: Raising Fair Value to $200 from $155 Along With a Bright AI Forecast

Qualcomm hosted an investor event focused on its emerging data center chip business. Qualcomm expects $40 billion in nonhandset chip revenue in fiscal 2029, with $18 in adjusted EPS. The firm forecasts $5 billion and $15 billion of data center revenue in fiscal 2027 and fiscal 2029, respectively.

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