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Qualcomm's getting in on the AI craze with new chips for phones and PCs - TL;DR CNBC

Qualcomm's getting in on the AI craze with new chips for phones and PCs

Publishing timestamp: 2023-10-24 15:00:01


Summary

Qualcomm has announced two new chips, the X Elite for PCs and laptops and the Snapdragon Series 8 Gen 3 for high-end Android phones. These chips are designed to run AI software, including large language models, without the need to connect to the internet. The enhanced AI feature on the new Qualcomm phone chip indicates that AI is becoming a new battleground for smartphone features and sales. The speed at which the smartphone chip processes AI models could represent a new feature battleground between high-end Android phones and Apple's iPhones. Qualcomm's latest Snapdragon chip can perform AI tasks significantly quicker than its previous processor. The article also discusses the boom in AI applications and the potential for running AI models locally on devices rather than in the cloud. Qualcomm expects its clients, smartphone makers, to develop their own AI models. The article also mentions Qualcomm's new PC chip, X Elite, which will compete with Intel's x86 chips and is expected to be used in laptops and desktops.


Sentiment: POSITIVE

Tickers: INTCMETAQCOMNVDA

Keywords: business newsbusinessartificial intelligenceapple incbreaking news: technologysemiconductor device manufacturingpersonal computerstechnologyintel corpgenerative aimeta platforms incqualcomm incsmartphonesnvidia corp

Source: https://www.cnbc.com/2023/10/24/qualcomm-snapdragon-x-elite-and-series-8-gen-3-announced.html


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