Qualcomm Unveils Dragonfly C1000 Data-Center CPUs With Meta as Launch Customer, Bets $14B on RISC-V

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Also on June 24, Qualcomm announced its Dragonfly C1000 data-center CPUs and named Meta Platforms as a launch customer, with the CFO projecting $1B+ revenue within a year from two hyperscale customers. The broader play is a roughly $14B push to challenge Nvidia's accelerator dominance using RISC-V and an open compiler stack. Shipments are slated to begin by year-end 2026.