- QUALCOMM forecasts $15B data‑center revenue by FY2029 and a $40B non‑handset pipeline (including $10B auto, $8B industrial). Announced $20B buyback, 1.95% dividend yield, debt/equity 0.54.
- Qualcomm (QCOM) not in acquisition talks with AI chipmaker Tenstorrent, which says it’s focusing on its own IP, scalable AI projects and partnerships rather than a takeover.
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Key facts: Qualcomm sees $15B data‑center FY2029; not buying Tenstorrent
QUALCOMM forecasts $15B data‑center revenue by FY2029 and a $40B non‑handset pipeline (including $10B auto, $8B industrial). Announced $20B buyback, 1.95% dividend yield, debt/equi