Tag Archives: chip

Qualcomm debuts AI-focused Snapdragon 8s Gen 3 chip

Qualcomm debuts AI-focused Snapdragon 8s Gen 3 chip

Qualcomm (QCOM) is pushing deeper into the generative AI space with its latest smartphone chip, the Snapdragon 8s Gen 3. The processor, which will be available in Android smartphones from Chinese manufacturers including Xiaomi and Honor, is the second addition to Qualcomm’s Snapdragon 8 Gen 3 family. Like the original Snapdragon 8 Gen 3, Qualcomm is marketing the 8s Gen 3 as an on-device AI powerhouse. The company says that the processor supports a number of models including Meta’s Llama 2… Source link

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Dell’s AI guidance raises prominent chip stocks

Dell’s AI guidance raises prominent chip stocks

Dell Technologies (DELL) shares are catapulted higher ahead of Friday’s session close, seeing upward gains of 30%. Dell outpaced fourth-quarter earnings estimates in the top and bottom lines, as reported on Thursday. Yahoo Finance Live monitors the upward momentum seen by chip stocks reacting to Dell’s positive guidance around AI, including Advanced Micro Devices (AMD) and NetApp (NTAP). For more expert insight and the latest market action, click here to watch this full episode of Yahoo… Source link

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Samsung Profit Tumbles 35% as Chip Weakness Persists

Samsung Profit Tumbles 35% as Chip Weakness Persists

(Bloomberg) — Samsung Electronics Co. posted its sixth straight quarter of declining operating profit, reflecting weak consumer demand and stoking uncertainty over the timing of a broader tech recovery. Most Read from Bloomberg Korea’s largest company reported a 35% fall in operating income to 2.8 trillion won ($2.1 billion), about 24% shy of estimates. Revenue slid more than anticipated to 67 trillion won. For all of 2023, Samsung reported its slimmest operating profit in 15 years. The… Source link

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