Qualcomm (QCOM) earnings report Q3 2024

Qualcomm (QCOM) earnings report Q3 2024

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’s Gain Summit draws US and Chinese tech giants as kingdom goes all out for AI

Saudi Arabia’s Gain Summit draws US and Chinese tech giants as kingdom goes all out for AI

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