Market Chatter: Qualcomm Plans New Chip Technology for Smartphones

MT Newswires Live06-27

Qualcomm (QCOM) plans to use its new chip technology for data centers in smartphones, allowing AI to run better on mobile devices, Semafor reported Friday, citing an interview with Executive Vice President Durga Malladi.

The company is in talks with smartphone, personal computer, and auto manufacturers about an aspect of its new data center technology portfolio, according to the report.

Qualcomm did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 198.13, Change: -6.77, Percent Change: -3.30

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