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Qualcomm CEO says AI may breathe new life into smartphones: 'It could create a new upgrade cycle' - TL;DR CNBC

Qualcomm CEO says AI may breathe new life into smartphones: 'It could create a new upgrade cycle'

Publishing timestamp: 2023-09-06 09:40:53


Summary

Qualcomm CEO Cristiano Amon believes that the upcoming Snapdragon Summit in October could lead to major developments in mobile technology and create a new upgrade cycle for phones. He sees significant opportunity in AI and believes that bringing AI to smartphones and other devices is a different path than that of their rival Nvidia. However, declining smartphone sales and consumer reluctance to upgrade have impacted the market.


Sentiment: MIXED

Tickers: QCOM

Keywords: internetbusiness newstechnologybreaking news: technologyqualcomm inc

Source: https://www.cnbc.com/2023/09/06/qualcomm-ceo-ai-may-breathe-new-life-into-smartphones.html


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