AI Chips on IT News https://it-news.uk/tags/ai-chips/ Recent content in AI Chips on IT News Hugo en-us Thu, 25 Jun 2026 07:33:00 +0800 Qualcomm Predicts $150 Billion Data Center Chip Revenue by 2029, Secures Microsoft and Meta Orders https://it-news.uk/posts/qualcomm-data-center-revenue-150-billion-2029/ Thu, 25 Jun 2026 07:33:00 +0800 https://it-news.uk/posts/qualcomm-data-center-revenue-150-billion-2029/ <p>Qualcomm has announced that its data center business is on track to generate $150 billion in revenue by 2029, as the chipmaker aggressively expands beyond its core smartphone chip business. The news sent Qualcomm shares up more than 12% in after-hours trading.</p>