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 ...
As mentioned, Qualcomm's chipsets have long led the chipset market. As the 5G upgrade cycle has cooled, the company has ...
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 reported a record quarter for its automotive, handset and IoT business, and see the "era of AI inference" driving more demand.
Chinese artificial intelligence (AI) start-up DeepSeek sent shares of major technology companies into a tailspin after it revealed a highly cost-effective AI model that was traine ...
Shares of Qualcomm Inc., the world’s biggest seller of smartphone processors, fell on investor fears that demand for new ...
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