Wealth Awakening
Qualcomm Wins Meta Data Center CPU Deal, Stock Surges 15% After Hours
Qualcomm announced a multi-generational data center CPU strategic partnership with Meta at its 2026 Investor Day, with the Dragonfly C1000 slated for mass production in 2028. Microsoft Azure also confirmed deployment of Qualcomm HBC chips. The stock surged 15% after hours, with FY2029 non-handset revenue target doubled to $40 billion.