The mobile is declining, but data centers may alleviate it. Qualcomm has entered into an agreement with Amazon and Meta to further promote activities in data centers, announcing a rapid growth in the AI-data center sector during the second quarter of 2026. The company expects that this part of its business will increase rapidly, projected to generate $650 million in the first quarter of 2027.

In addition, the company anticipates that this number will reach $5 billion at the beginning of 2027 and $15 billion by the end of 2029, considering that its total revenue for 2026 was $10.4 billion. This 30% increase in the value of data centers in the entire business of Qualcomm, due to this investment strategy, could mean a peak in revenue of 30% of its total sales. This is not as high as that of AMD, which claims to have more than 80% of its sales coming from data centers in the future.

Qualcomm's CEO, Tim Maybury, stated: 'We have decided to invest in these products because we see the necessity of improving our competitiveness in the field of data. Data centers have become an essential element for our company and for our future.' Qualcomm's decision to focus on producing chips destined for data centers responds to the general change in the technology industry, where smartphones are becoming less important compared to computers and other intelligent devices. This change has led to a decrease in their sales and has caused a trend towards the growth of data centers.

Qualcomm's strategy of entering into data centers was announced during Q4 2026, when the company initiated an agreement with Amazon and Meta to further promote activities in data centers. The company waited for these operations to be well received by the technological community and expected that this type of business would grow rapidly. Qualcomm's investment in data centers has been positively received by many analysts, who noted that this strategy can be an effective way to increase its position in the AI-data center sector.

Additionally, the company anticipated that data centers could represent a peak in revenue of 30% of its total sales in the future. However, despite this Qualcomm strategy being considered a significant step, some analysts think it may not be sufficient to completely address the general change in the technology industry. Some analysts noticed that data centers are not the perfect solution for all current technological problems and may have limitations in terms of productivity and security.