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Qualcomm Targets $40B Non-Handset Revenue by 2029, What it Means for Tech ETFs

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Qualcomm Targets $40B Non-Handset Revenue by 2029, What it Means for Tech ETFs

Qualcomm has set an ambitious target of $40 billion in non-handset revenue by fiscal year 2029, signaling a strategic pivot beyond its traditional smartphone market. The company also raised its automotive revenue exit run rate to $7 billion, underscoring its diversification efforts.

July 30, 2026Published 1 hour ago