Chipmakers Qualcomm and Arm post sales rise on smartphone strength
Despite beating revenue forecasts, Qualcomm shares were down more than 4.5 per cent in after-hours trading, while Arm shares were about 6 per cent lower. Shares in both groups have rallied over the past year, setting a high bar for their quarterly earnings reports.
Qualcomm and Arm were dropping on Thursday but there’s reason to think the onset of low-cost artificial intelligence is good ...
Qualcomm reported a record quarter for its automotive, handset and IoT business, and see the "era of AI inference" driving more demand.
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped fuel ...
The company also sells chips to the automotive industry, and that business grew by an impressive 61%, raking in $961 million in sales. It’s a relatively new market for Qualcomm, which only began to ...
Qualcomm posted better-than-anticipated fiscal first-quarter results thanks to an artificial intelligence-fueled rebound in smartphone demand, although the results were overshadowed by the chipmaker's ...
Qualcomm is a global tech leader in wireless connectivity, AI, and IoT, but relies heavily on major customers like Apple, ...
AI has helped foster Qualcomm's next upgrade cycle and the growth of an emerging business segment. Although growth is not as fast as other chip stocks, a low valuation is likely to limit Qualcomm ...
(Reuters) - Shares in Qualcomm fell more than 3% in Frankfurt on Thursday as a disappointing forecast for no growth in its ...
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped fuel ...
The Snapdragon X chip features an 8-core Oryon CPU and a 45 TOPS (trillion operations per second) capable NPU to support ...
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