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Why Shares of Qualcomm Soared Nearly 8% Higher Today

10:27pm, Tuesday, 16'th Nov 2021 The Motley Fool
Shareholders were pleased with Qualcomm''s new investor presentation.
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Washington [US], November 16 (ANI): American multinational corporation Qualcomm is looking to seriously beef up its PC processors, with the company announcing plans for a next-generation Arm-based SoC. According to The Verge, the company the Soc as "designed to set the performance benchmark for Windows PCs" that would be able to go head to head with Apple''s M-series processors. Dr. James Thompson, Qualcomm''s chief technol
Qualcomm is committed to dramatically improving its PC processors. The company announced plans to create a next-generation Arm processor designed to provide good performance for The post Qualcomm will release a PC processor to compete with Apples M chips appeared first on Gizchina.com .
Qualcomm is one of the worlds biggest chipmakers when it comes to smartphones, but now the company is setting its sights on the PC market with a new line of chips due out in 2023. Read more

Qualcomm forecasts post-Apple sales growth; shares rise

07:07pm, Tuesday, 16'th Nov 2021 Reuters
Qualcomm Inc said on Tuesday it expects chip sales to Apple Inc to dwindle to a trickle in the coming years but predicted brisk growth in chips for autonomous cars and other connected devices, sending shares up 4.5%.

Qualcomm sees Apple supplying its own chips by 2023

06:19pm, Tuesday, 16'th Nov 2021 PageOne Nigeria
Qualcomm Inc on Tuesday said that it believes it will The post Qualcomm sees Apple supplying its own chips by 2023 appeared first on PageOne .
Meta has shipped 10 million Oculus Quest 2 units, according to Qualcomms CEO Cristiano Amon at the companys 2021 investor day, marking the best sale numbers yet for the VR headset.
Earlier this year, Qualcomm dropped $1.4 billion to purchase Nuvia, which designed mobile processors based on ARM architecture. What made the acquisition so meaningful is the founders of Nuvia are the same people who led the development of Apples famed A-processors leading up to the M1 for laptops. Now, Qualcomm is starting to flex a [] The post Qualcomms Nuvia-based advanced ARM chip for PC to rival Apple in 2023 appeared first on TECHTELEGRAPH .
Qualcomm is preparing for the launch of Apple''s own modem chips, which will cut into Qualcomm''s modem business starting in 2023. At today''s Investor Day event, Qualcomm CFO Akash Palkhiwala said that Qualcomm expects to supply just 20 percent of Apple''s modem chips in 2023. If that''s an accurate estimate, it means that 2022 will be the last year that Qualcomm enjoys a modem monopoly in iPhone devices. Apple has been working on in-house modem chips for years now, and prior rumors have indeed suggested that Apple''s chips will be ready to launch in 2023. Back in May, Apple analyst Ming-Chi Kuo said that Apple''s 5G baseband chips could debut in the 2023 iPhone models, which is in line with Qualcomm''s expectations. Should this occur, Apple will likely use its own chips in most regions, but rely on Qualcomm for chips in certain areas. Qualcomm said that this is just a "planning assumption for forecast purposes," but it appears the company is counting on a 2023 launch. The assumption we use for this forecast is that for Apple 2023 launch, our share is down to 20%.
Nov 16 (Reuters) Qualcomm Inc on Tuesday said that it believes it will supply only 20% of the modem chips to connect Apple Incs iPhone wireless data networks by the devices 2023 launch. Qualcomm currently supplies chips for all of Apples devices. The company said at an investor conference that it believes its phone [] The post Qualcomm estimates Apple will self-supply up to 80% of iPhone modem chips by 2023 appeared first on TECHTELEGRAPH .
Qualcomm today announced plans for next-generation Arm-based System on Chips (SoC) designed to rival Apple''s M-series chips in the PC space (via The Verge ). At Qualcomm''s 2021 investor day event, chief technology officer Dr. James Thompson announced the plans for the new generation of chips. The chips are "designed to set the performance benchmark for Windows PCs" and are being developed by the Nuvia team. Qualcomm acquired Nuvia , a chip startup company founded by former Apple chip designers , for $1.4 billion earlier this year. Qualcomm said that it will directly compete with Apple''s M-series chips, including the M1 , M1 Pro , and M1 Max , and hopes to lead the industry for "sustained performance and battery life." Moreover, the company promised that it would be scaling up its Adreno GPUs to offer desktop-class gaming capabilities in future PCs. Qualcomm hopes to be able to send samples to clients in around nine months, ahead of the first products containing the chips launching in 2023.
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Chaim Gartenberg / The Verge : Qualcomm says its next-gen PC CPUs will be designed by its recently acquired Nuvia team, hopes they will reach end users in 2023 and be M-series competitive Developed by the Nuvia team Qualcomm is looking to seriously beef up its PC processors, with the company announcing plans
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