Qualcomm forecasts upbeat sales on strength in non-smartphone segments

Qualcomm forecasts upbeat sales driven by strength in non-smartphone segments. As smartphone sales decline by approximately 20 percent compared to 2025, the company is strategically pivoting toward data centers to improve its bottom line. During its Q4 2026 earnings call, Qualcomm detailed plans to enter the AI data center business. This expansion is supported by previously announced partnerships with major industry players, specifically Amazon and Meta, to offset the current downturn in mobile device markets.