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Qualcomm unveiled comprehensive data center roadmap including Dragonfly C1000 CPU and AI accelerators, projecting $15 billion in non-handset data center revenue by 2029, with Meta as first major customer.

New competitive threat to Nvidia in data center processors; Meta as anchor customer validates market demand; signals Qualcomm's major architectural pivot into hyperscale infrastructure.
NewswireSlicast · June 25, 2026 · US · Source: Google News
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Qualcomm has announced a comprehensive data center roadmap designed for the agentic AI era, introducing the new Dragonfly C1000 CPU alongside AI accelerators. The portfolio represents the chipmaker's strategic push beyond its dominant smartphone market into enterprise infrastructure.

The company is projecting $15 billion in non-handset data center revenue by 2029, signaling substantial ambitions in a segment increasingly central to AI deployment. Meta has signed on as the first major customer for the Dragonfly platform, providing validation and early traction for Qualcomm's data center strategy.

This roadmap reflects a broader industry shift as chipmakers diversify revenue streams toward AI infrastructure. For the data center buildout, Qualcomm's entry with custom CPUs and accelerators adds a third-party option beyond the hyperscalers' in-house designs, potentially offering customers greater flexibility in chip sourcing as AI workloads scale.

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Qualcomm unveiled comprehensive data center… · Slicast