Qualcomm is pushing into AI data centers with new chips and Meta as a key customer

The chipmaker unveiled its Dragonfly portfolio at an investor day, targeting more than $15 billion in data center revenue by fiscal 2029

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Qualcomm $QCOM unveiled a comprehensive data center AI strategy at its 2026 Investor Day on Wednesday, announcing that Meta $META Platforms would use its new Dragonfly C1000 central processing units and raising its fiscal 2029 non-handset revenue target to $40 billion, roughly double its prior guidance.

Availability of the Dragonfly C1000 CPUs is expected in 2028, at which point Meta has committed to........

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