Qualcomm Inc. (NASDAQ:QCOM) CEO Cristiano Amon said the company’s entry into the AI data center market is the “next chapter” of its diversification strategy, calling it a “potential multibillion-dollar revenue opportunity” during a stellar fourth-quarter earnings call.

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QCOM Expects Data Center Revenue From FY’27 Onwards

Amon confirmed Qualcomm is accelerating its data center plans, now expecting material revenue to begin in fiscal 2027, a full year earlier than previously projected.

The company named HUMAIN as its first customer for its new AI200 and AI250 inference accelerators.

“We’re very excited. I think this is the next chapter of… changing the company, diversifying the company, expanding our IP,” Amon told analysts.

Power-Efficient AI Inference: A Multibillion-Dollar Opportunity

Amon emphasized that Qualcomm is focused on the growing need for power-efficient AI inference, which handles the workload of running AI applications rather than just training them.

“It’s clear the market wants ...