Descriptions:
In this extended Bloomberg Technology interview, Qualcomm CEO Cristiano Amon lays out the company’s data center strategy in granular detail following its investor day disclosures. Amon confirms $5 billion in data center revenue for fiscal year 2027 — described as a high-confidence number backed by signed customer contracts — with a path to $15 billion by FY29. The customer mix includes one large U.S. hyperscaler, one large China hyperscaler, and a confirmed two-generation CPU contract with Meta for the Dragonfly project.
Amon addresses skeptics who note Qualcomm famously exited the data center market in 2017–2018, arguing that today’s AI-driven disaggregated architecture creates a fundamentally different opening. Qualcomm’s four differentiation vectors are: power efficiency inherited from mobile chip design, a novel memory architecture that eliminates the need for costly HBM by keeping compute and memory tightly coupled, high transistor density, and manufacturing scale — the company ships 40 billion components per year and tapes out more than 30 new chips annually on leading nodes.
The conversation also covers Qualcomm’s acquisition strategy, including the integration of Alpha Wave into its connectivity portfolio and the recently announced Modular acquisition, which Amon hints will eventually be recognized as a broadly available, industry-friendly alternative platform in the AI infrastructure stack.
📺 Source: Bloomberg Technology · Published June 25, 2026
🏷️ Format: Interview
