Qualcomm CEO Cristiano Amon revealed the company is developing over 40 AI-powered device designs, including smart glasses and wearable pins. He predicts AI agents will become the new 'center of gravity' for digital life, shifting focus from smartphones and fundamentally changing user interaction with apps.
Qualcomm CEO Cristiano Amon revealed the company is working on over 40 AI device designs, including wearables like jewelry and earbuds, as AI agents are poised to become the new 'app,' potentially shifting focus from smartphones to new form factors like smart glasses.
Tim Cook and Elon Musk, among other tech CEOS, will accompany the US president on a trip to ChinaDonald Trump is heading to China this week. If his guest list is any clue, he wants to discuss technology with Xi Jinping, though perhaps after the war in Iran.On Monday, news broke that outgoing Apple CEO, Tim Cook, as well as SpaceX and Tesla CEO, Elon Musk, would join the US president. Other guests from the tech sphere include Meta’s recently appointed president, Dina Powell McCormick; Sanjay Mehrotra, CEO of computer memory maker Micron; Chuck Robbins, CEO of longtime telecom giant Cisco; and Cristiano Amon, CEO of semiconductor maker Qualcomm, according to a White House official. Continue reading...
Qualcomm shares recovered from a 7% drop after CEO Cristiano Amon announced the company will begin shipping data center chips to a large hyperscaler within the calendar year. The chipmaker reported Q2 adjusted EPS of $2.65, beating estimates, but issued a Q3 revenue forecast of $9.2B-$10B, below the $10.19B expected. Despite falling behind Nvidia in the AI chip race, Qualcomm unveiled data center chips last year and announced a partnership with OpenAI to develop AI chips for smartphones.
