QUALCOMM $QCOM Q4 ADJ REVENUE $10.44B BEATS, ADJ EPS $2.17 BEATS, Q1 REVENUE GUIDE ABOVE • Adj revenue: $10.44B vs $10.11B est, beat • Adj EPS: $2.17 vs $2.16 est, beat • QCT handset revenue: $5.14B • Q1 revenue guidance: $10.4B-$11.2B vs $10.48B est, above at the midpoint • Q1 adj EPS guidance: $2.15-$2.35 vs $2.27 est, just below at the midpoint • Q1 QCT revenue guidance: $9.0B-$9.6B Qualcomm says: • Q1 data center revenue will be $650M+, rising each quarter, with a $7B annualized run-rate exiting fiscal 2027 • It is reiterating its fiscal 2027 data center revenue target of $5B • Full-year non-handset revenue is projected to grow more than 60% YoY • It is implementing price increases across its products to reflect higher semiconductor input costs, with the full benefit in QCT gross margins expected in H2 fiscal 2027 • Adding data center to the QCT segment starting in fiscal 2027 has a 3 percentage point impact on the Q1 QCT EBT margin outlook • It is advancing talks with new potential customers, focused on GW-scale opportunities for high bandwidth compute and CPU platforms(Historical earnings: For fiscal 2026 full year (period ended 2026-09-03), Micron reported basic EPS of 75.38 and diluted EPS of 74.33, net income of USD 84.969 billion, and revenue of USD 133.188 billion. Consensus expectations: For the next upcoming period (2026Q4, event date 2026-09-30), consensus expects EPS of 32.5625.)