Qualcomm data center chip revenue to hit $15 billion by 2029
According to Reuters, Qualcomm stated that as its business expands beyond its core smartphone chip business, it expects its data center revenue to reach $15 billion by 2029 (approximately RMB 102.006 billion at the current exchange rate). Boosted by this news, Qualcomm’s stock rose more than 12% in after-hours trading on Wednesday. Qualcomm’s Chief Financial…