Qualcomm

DeepSeek released a new coding model, V4 Flash, priced at 28 cents for tasks that cost $25 on Anthropic's Opus 4.8, intensifying a price war in the AI industry. Competitors like OpenAI, Google, and SpaceXAI have also slashed prices, while Anthropic maintains premium pricing for its models.

Qualcomm's profit slid as higher costs squeezed margins and Apple chip revenue shrank faster than expected. The company plans to raise prices starting September 1 to offset industry-wide cost increases, while its current quarter outlook came in below analyst expectations.

Qualcomm predicts $15 billion in annual datacenter revenue by FY 2029 but acknowledges this will position it as a minor player compared to rivals like AMD, Intel, and Nvidia. The company faces declining revenue from Apple due to the iPhone maker's shift to in-house modems and is diversifying into automotive, IoT, and datacenter markets to offset losses.

Qualcomm's stock price declined due to memory-related issues impacting the company's earnings. The chipmaker reported earnings that fell short of expectations.

Qualcomm reported fiscal Q3 net income of $2 billion with adjusted earnings of $2.21 per share, missing Wall Street's $2.22 per share estimate. Revenue of $9.95 billion exceeded forecasts of $9.71 billion. The company projected Q4 revenue between $9.7 billion and $10.5 billion and earnings per share of $2.05 to $2.25.

Qualcomm is increasing prices amid a memory shortage and has provided light earnings guidance. The CEO, Cristiano Amon, stated that rising costs will lead to higher prices.

Google and Samsung are entering the smart-glasses market with a focus on AI assistants rather than hardware, showcasing prototypes powered by Gemini and partnerships with brands like Gentle Monster and Warby Parker. They aim to challenge Meta’s dominance, which achieved 7 million pair sales through its EssilorLuxottica collaboration, by emphasizing AI integration with existing ecosystems and addressing privacy concerns.

Qualcomm, the maker of processors powering numerous Android devices, is raising its prices. The price increase is reportedly planned for the end of the summer.

Qualcomm plans to increase its prices by a double-digit percentage starting September 1st, citing an inability to absorb higher supplier costs due to ongoing component shortages. The company stated it attempted to source components from alternate suppliers before announcing the hikes, which are expected to have a ripple effect, particularly on smartphone manufacturers.

Slumping AI stocks dragged Wall Street lower with Nasdaq futures down 1.6% as chipmakers like Micron, Nvidia, and Intel fell 2-3%. Oil prices rose amid U.S. airstrikes on Iran, while a new Chinese open-source AI model and TSMC's $100 billion U.S. investment plan further pressured tech markets.

The Microsoft Surface Laptop 8 offers snappy performance, long battery life, a great keyboard, and an excellent new haptic touchpad. It replaces the 2024 model, features ARM-based Qualcomm chips, and has a higher price due to increased memory and chip costs. The laptop aims to compete with Apple's MacBook Air and other thin, light PCs.

Wearable device manufacturers like Qualcomm, Meta, and Google are developing products such as smart glasses and digital watches to collect user data, aiming to enhance personalization and lock users into their ecosystems. Qualcomm's Ziad Asghar highlighted efforts to store data locally to address privacy concerns, while analyst Carolina Milanesi noted data control as a competitive strategy.

Canonical is enhancing Ubuntu's Arm64 support through kernel live-patching, Steam client compatibility via FEX emulation, and moving Arm64 packages to main servers. The company also highlights progress in hardware compatibility with Qualcomm and CIX P1-based devices, alongside Google Chrome's upcoming Arm64 Linux support.

India is investigating a Tata data leak that exposed Apple iPhone secrets. Tata has hired a global consultant to conduct a forensic audit after documents from Tesla, Qualcomm, and TSMC were also posted on the dark web.

India is investigating a data breach at Tata Electronics that exposed sensitive documents related to Apple’s unreleased iPhone 18 Pro, including component lists and supplier details. The leaked files, obtained by a ransomware group, were posted on the dark web, with additional documents from Tesla, Qualcomm, and TSMC also compromised.

Qualcomm is developing a near-memory compute architecture called High-Bandwidth Compute (HBC), stacking DRAM on XPUs to improve AI infrastructure performance. The technology will debut in 2025 as part of the AI250-series Dragonfly systems, claiming 768 GB memory and 133 TB/s effective bandwidth, though skepticism surrounds its 'effective' bandwidth claims compared to competitors like Nvidia.

Don McGuire, CMO of Qualcomm, stated during the 2026 Cannes Lions Festival of Creativity that discussions about AI in the enterprise are becoming more realistic, emphasizing the collaboration between humans and AI to make it useful.

A data leak from Apple's Indian supplier Tata Electronics exposed sensitive component lists, supplier details, and photos of the upcoming iPhone 18 Pro models on the dark web. The breach, attributed to ransomware group World Leaks, risks disrupting Apple's supply chain strategies and could benefit competitors or counterfeiters by revealing supplier-part mappings.

AI-driven capital spending is accelerating, with Big Tech investing heavily in data centers, chips, and infrastructure. JPMorgan projects global AI-related capital expenditures to reach $5.5 trillion by 2030, while Qualcomm aims for $15 billion in annual data center revenue by 2029, and Micron reported a 346% quarterly revenue surge.

Australia is investigating Facebook, Instagram, Snapchat, TikTok, and YouTube for failing to enforce the country’s ban on children under 16 accessing social media. The government has doubled potential fines for non-compliance after a study revealed 80% of Australian children still use these platforms, citing inadequate age verification measures.

Qualcomm is challenging Nvidia's dominance in the AI chip market for data centers through new AI accelerators and CPUs. The company projects $15 billion in annual AI component sales by 2029 and plans to reduce reliance on smartphone chips by expanding into automotive tech, PC chips, and smart home devices. Qualcomm acquired Modular, an AI software company, to compete with Nvidia's CUDA platform.

Asian shares dropped sharply as traders sold stocks to lock in profits following recent gains in AI-related investments. Key indices like Japan's Nikkei 225 and South Korea's KOSPI fell over 4% and 6.8% respectively, with tech companies such as Samsung and SK Hynix experiencing significant declines.

Qualcomm is pursuing a $40 billion transformation in data centers, with Meta already investing in the initiative. The company aims to compete with Nvidia in this market.

The U.S. stock market drifted in mixed trading as Micron Technology surged 14% on strong earnings and growth forecasts, while Apple dropped 4.6% after raising product prices. Qualcomm also rose 4.3% after upgrading AI-related growth projections, but broader market gains were limited by inflation concerns and mixed economic data.

Qualcomm is expanding into AI data centers with its new Dragonfly chip portfolio, aiming for over $15 billion in data center revenue by fiscal 2029. Meta has been identified as a key customer for this initiative.

AI stocks rebounded, lifting the U.S. market with the S&P 500, Dow Jones, and Nasdaq all rising. Micron Technology surged 19.4% due to strong earnings and a revised growth forecast, while Qualcomm raised its 2029 revenue target amid AI-driven demand. Easing Treasury yields and lower oil prices further supported market gains, with global indices like South Korea’s Kospi and Japan’s Nikkei also rising.

Tech shares surged in Japan and South Korea, driven by strong earnings from Qualcomm and Micron Technology, lifting global markets. Oil prices declined amid U.S.-Iran war negotiations, while tech-related indices like the Nikkei 225 and Kospi hit record highs.

Tech shares surged in Japan and South Korea, driven by strong earnings from Qualcomm and Micron Technology, lifting global markets. Oil prices declined as U.S.-Iran war tensions eased. Major indices like the Nikkei 225 and Kospi hit record highs, while tech-heavy indices like the S&P 500 and Nasdaq saw gains.

Asian shares rose sharply, led by tech-driven gains in Japan and South Korea as chipmakers surged following positive earnings reports from Qualcomm and Micron Technology. Oil prices fell over $1 amid negotiations to end the U.S.-Iran war.

Tech shares in Japan and South Korea drove Asian markets higher as Qualcomm and Micron Technology reported strong earnings, while oil prices fell amid U.S.-Iran war negotiations. The Nikkei 225 and Kospi indices surged, with gains in chipmakers like Tokyo Electron and SK Hynix. U.S. crude and Brent prices dropped over 3%.

Tech shares in Asia surged, led by gains in Japanese and South Korean chipmakers following strong earnings from U.S. companies like Qualcomm and Micron Technology. Oil prices fell as U.S.-Iran negotiations progressed, while Asian stock indices like the Nikkei 225 and Kospi hit record highs.

Qualcomm announced Meta as its first Big Tech customer for data centre chips. The deal announcement and higher revenue outlook caused shares to rise as much as 15%.

Qualcomm announced an AI data center CPU and secured Meta as its first major customer. The company's primary business remains smartphones, which accounted for two-thirds of its product revenue in the most recent quarter.

Qualcomm is acquiring AI software startup Modular in a $3.9 billion all-stock deal, issuing up to 19.2 million shares to Modular's equity holders as the company expands its focus on data center AI.

Business leaders at Cannes Lions emphasize the importance of human creativity and authenticity in marketing, as AI adoption raises concerns. Gstaad Guy, a satirical figure, highlights how his authentic partnerships with brands like Bentley resonate with audiences. Sports brands like Lenovo and Manchester United stress authentic engagement with fans through partnerships, such as Qualcomm's Snapdragon.

The Nasdaq composite dropped 2.2% in early trading due to sharp declines in Big Tech companies, driven by concerns over potential interest rate hikes and their impact on economic growth. Micron Technology fell 12%, SpaceX slipped further after a week-long decline, and chipmakers like Qualcomm and Intel saw significant losses.

Wall Street faces significant losses led by a tech sector sell-off amid concerns over potential U.S. interest rate hikes. Futures for major indices like the S&P 500 and Nasdaq dropped sharply, with tech firms like Micron, Intel, and SpaceX experiencing steep declines. Global markets also fell, with Asia's Kospi and Europe's DAX seeing notable drops.

Qualcomm Inc. is nearing a deal to acquire AI chip startup Modular. The company is promoting AI-infused gadgets at the 2026 CES event in Las Vegas, targeting investors, corporate clients, and consumers.

Qualcomm is reportedly in talks to acquire AI chip company Tenstorrent, a RISC-V-based firm, in a deal valued at $8 billion to $10 billion. The potential acquisition aligns with Qualcomm's datacenter ambitions and efforts to expand its RISC-V ecosystem, following its earlier purchase of Ventana Micro Systems. Tenstorrent's CEO, Jim Keller, is known for his work at AMD, Apple, and DEC.

Qualcomm CEO Cristiano Amon stated that AI agents will replace apps and the company is developing 40 new AI-powered devices. He expressed optimism about smart glasses becoming as significant as smartphones.