Qualcomm Chips News Today

AI-enabled smartphones and PCs should help the maker of wireless chips, which remains among the cheapest in semiconductor stocks.

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Qualcomm: "India is obviously an incredibly important part of the company for us in two ways. One is that a large portion of our workforce is in India. And we are relying on the workforce teams. So, its very important from an innovation perspective, as these teams are involved in all critical projects in the country."

Lawyers for Qualcomm argued the plaintiffs had no evidence in the record of the case showing that "any alleged exclusive dealing agreement" harmed consumers.

"The operator is able to orchestrate a service as defined by the service level agreement with the app provider. And so for example, your Netflix traffic is not going to be compromised," Rahul Patel, senior vice president and general manager for connectivity, broadband and networking at Qualcomm, told Reuters.

Qualcomm said its forecast also takes into account the impact of macroeconomic headwinds, weaker global handset units and the fact that phone makers are using existing inventory rather than putting in fresh chip orders.

Artificial intelligence chips from Qualcomm Inc beat Nvidia Corp in two out of three measures of power efficiency in a new set of test data published on Wednesday, while a Taiwanese startup bested both in one category. Analysts believe that the market for data center inference chips will grow quickly as businesses put AI technologies into their products.

Qualcomm and Iridium announced that they will be offering satellite-based messaging for Android phones this year, on Thursday.

Qualcomm unveils Wi-Fi 7-capable chipsets with over 20 Gbps capacity

Global chip-maker Qualcomm has unveiled Wi-Fi 7-capable chipsets as a part of its new "Immersive Home Platform", which are built to support the latest high-speed broadband connections and an array of high-performance devices.