After-hours surged more than 16%! Qualcomm (QCOM.US) Investor Day unveils "Data Center Grand Vision": revenue is set to reach $15 billion by 2029, with non-mobile business goals doubling.

According to the International Financial News APP, on Wednesday local time, Qualcomm (QCOM.US) released a very aggressive growth signal at its New York Investor Day, announcing a significant foray into the field of artificial intelligence (AI) data center chips, and greatly raised its long-term financial goals. Boosted by this news, Qualcomm's stock price surged significantly in after-hours trading.