$172.47
24h
-2.64%
4 Nov, 21:02
Strong Data Center Revenue Growth Outlook
Bullish+4.89%
AI Summary
The author highlights Qualcomm's strong projected data center revenue growth and pricing power, indicating a positive outlook on the company's fundamentals.
$QCOM expects data center revenue of more than $650 million in Q1, rising every quarter to exit fiscal 2027 at a $7 billion annualized run-rate.
Qualcomm is also raising prices across its products to reflect higher semiconductor input costs. https://x.com/wallstengine/status/2118086425212227764/photo/1