Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year by 2029. Of that amount, roughly $4 billion will come from PC chips, Qualcomm said at … Read more
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter. The shares rose 10% in extended trading at one point before falling … Read more
Saudi Arabia has kicked off an artificial intelligence-themed event as the oil-rich country accelerates adoption of AI, a movement that lures both Western and Chinese technology firms to take on the demand for cloud and data solutions. The third Global AI Summit, known as the Gain Summit, started on Tuesday in the Saudi capital Riyadh, … Read more
