Results for: Qualcomm

Qualcomm has unveiled the Snapdragon X Plus, an expansion to its Snapdragon X line of laptop chips. Based on the same 4nm process and Arm-based Oryon CPU architecture as the Snapdragon X Elite, the X Plus is designed for more affordable mainstream laptops. With 10 CPU cores and reduced clock speeds compared to the X Elite, the X Plus offers a balance between performance and value. It features the same 45 TOPS machine learning performance as the X Elite, meeting Microsoft’s suggested requirements for running Copilot AI on-device. Qualcomm claims improved power efficiency compared to Intel and Apple chips, with up to 37% faster CPU performance than the Intel Core Ultra 7 155H and 10% faster multi-threaded performance than the Apple M3. The Snapdragon X Plus is expected to debut in retail devices in the second half of 2024.

Qualcomm’s Snapdragon X Plus is a new ARM-powered chip that offers a more affordable option than the X Elite. Based on the same Oryon CPU as the X Elite, the X Plus has 10 cores (compared to the Elite’s 12) and a lower clock speed of 3.4GHz (compared to the Elite’s 3.8GHz). Despite these differences, the X Plus still manages to outperform Apple’s M3 chip in a multi-threaded CPU benchmark. It is also considerably more power efficient than traditional x86 chips, using approximately 54% less power at peak performance than the Intel Core Ultra 7155H.

At MWC 2023, Cisco, Qualcomm, and Fira Barcelona discussed the latest advancements in Wi-Fi technology. With its 25th anniversary this year, Wi-Fi remains essential for modern businesses, and the industry is constantly evolving to meet the growing demands for speed, capacity, and reliability. The latest versions of Wi-Fi, including Wi-Fi6E and Wi-Fi7, are bringing new features and capabilities that are transforming Wi-Fi beyond traditional connectivity. The roundtable discussion highlighted the importance of Wi-Fi coexistence with 5G, the use of Wi-Fi as a sensor network, and emerging applications that are being enabled by the latest Wi-Fi advancements.

Benchmark analyst Cody Acree has initiated coverage on Qualcomm Inc with a Buy rating and a price target of $200. Acree believes that Qualcomm is well-positioned to capitalize on the industry’s trends of shifting AI computational inferencing workloads to the very edges of the network, where the company is leveraging its strengths in wireless connectivity and computing to lead the market in the ramp of generative AI smartphones and AI-PCs.

Qualcomm, the American chip giant, is designing semiconductors and wireless telecommunications products in India, leveraging the country’s pool of talented engineers. The company’s president, Savi Soin, revealed that Qualcomm has already designed and shipped chips end-to-end in India globally. This move aligns with India’s ambitions to become a major chip hub and compete against global leaders like the U.S., Taiwan, and South Korea.

QUALCOMM (QCOM) is recovering from a six-day losing streak as the AI stock market stabilizes. The stock rose ~2.30% on Monday to $161.25, following a 10.42% decline over the past six trading sessions. Despite being 20% above its 200-day SMA, QCOM remains 5% below its 20-day SMA.