# Qualcomm stock pops 15% after chipmaker almost doubles projection for 2029 non-handset revenue

> **Newsylist Open Intelligence Dossier** · First detected: 2026-06-24 20:36 UTC · Category: Business · Sources: 4 · Current Velocity: 2

## Executive Summary
Qualcomm stock surges 15% on strong data center chip sales projection

## Intelligence Brief
Coverage emphasizes the company's focus on data center chips and its potential to capitalize on the AI boom. According to coverage from Bloomberg.com, Yahoo Finance, and MarketWatch, Qualcomm's new projection has excited Wall Street.


The company now projects data center chip sales of $15 billion by 2029. Qualcomm has also announced a strategic multi-generation agreement with Meta on data center CPUs.

## Verified Facts & Key Claims
### What is driving Qualcomm's stock surge?
A nearly doubled projection for 2029 non-handset revenue

### What is Qualcomm's new projection for data center chip sales?
$15 billion by 2029

### Which company has Qualcomm announced a strategic agreement with?
Meta

## Key People, Organizations & Locations
Wall Street, Billion, Qualcomm, Qualcomm and Meta Announce Strategic Multi-Generation Agreement, Data Center CPUs, Qualcomm Projects Data Center Chip Sales

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| Qualcomm | Qualcomm and Meta Announce Strategic Multi-Generation Agreement on Data Center CPUs | 2026-06-24 19:00 | [Source Link](https://news.google.com/rss/articles/CBMisAFBVV95cUxPU3ktLTFicWwtblFlcldiampieVhJUnJYTWdaVU40ZWlqQml3bVpVZWhqT3BVRUtaVFZ3SHphYzlCRzVEN0ZQUi1JM2ZBbVdic1ZnYVVBOFpkOFpRMU1aQkhGNDVhMndHTUJfUXFUMkhxSUQ4THlmRGNfNk9HLXhYb0RmeUE0aWhuQVdmWVU4S0Zuc243Y2ZuempVTnFSczNOX0dDeXJnOXM3eUFhQ1YzXw?oc=5) |
| Yahoo Finance | Qualcomm jumps as it looks beyond smartphones to cash in on the AI boom | 2026-06-24 19:00 | [Source Link](https://news.google.com/rss/articles/CBMiywFBVV95cUxPY2FJaFdxaW1fSk9GRHlTb1VLTFdlUkFCSUhuNXpYMUdfdU9CWWRoaUZIcGsyd0pjbzg0N0RtWUoyb0Z1Y0EyUmdVTGNla0ZrM0hKcWZmNXlQcGo1TzdpVTJ4bWU5RlFFdy1rN3FNVjZKb2NsQ2RGUmlZUzJVUFlhcEJScS1kQlZaYkpCY2ZZTm1wcnpQcGJQR2c2VnR6SFIxb2p5NWZHUlF2bTJwT2RhZFJPYmVMOE1acGhFWlI5MWUwZ3owYUN0Mzhsbw?oc=5) |
| Bloomberg.com | Qualcomm Projects Data Center Chip Sales of $15 Billion by 2029 | 2026-06-24 19:00 | [Source Link](https://news.google.com/rss/articles/CBMiswFBVV95cUxOcnN0ZWJBUjl4LWpZbUlfVndBcDljNmRtWllYUDJTWDhNOFdkeExDWERSbTI1d0RVYUNId2l2WmVjVWk5ZDlfazNkWFh4RDk3TGVGNXdsM3htUTNqVUdZWUNaUlBGbjV5VWhPUGtwa1dFNlR1VnM0OTR5azNCQ1pPVnJRMUUyVml4ajJQQnltMHpsY0Z2dG5CNE9FUkFLUG41S0pFZjFUTzNkNE93UXpXX3dZVQ?oc=5) |
| MarketWatch | Qualcomm’s stock is soaring as these big numbers excite Wall Street | 2026-06-24 19:00 | [Source Link](https://news.google.com/rss/articles/CBMirgFBVV95cUxOc2c3dy1PNWxOaWRIdmxFV3MzTDE3T0IzMU94Um5MeDJ3Z3kwUTRkRE5HcnBtRjlsTUkyZWlIWHNyLUl6TzNuWDc4djZpRHFKZklFMGlucW5TRHdZVUVHUG56ek5jQjV6UFZXTHIzUktRSVAyZmxhalY4bklaU2xYaXc2Z0pPWjZyY29tdTEzd2F1aGk2WjRLTlI0ank5cGM5LWpfRkYwbVZQUUw5Rmc?oc=5) |

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*Canonical Source: https://www.newsylist.com/trend/2026-06-24/qualcomm-stock-pops-15-after-chipmaker-almost-doubles-projection-for-2029-non*
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