Qualcomm revenue increased 11 percent to $9.39 billion for the second quarter, beating analyst expectations. Its core business, processor sales for smartphones and other mobile devices, was up 12 percent. Overall, profit was up by 26 percent year-over-year for the period ending in June. The period benefited from the launch of PC chips in the company’s Snapdragon X Series optimized for artificial intelligence. President and CEO Cristiano Amon called the move into PCs and laptops “a significant milestone in our transformation from a communications company to a leading intelligent computing company.” Continue reading Qualcomm’s 26 Percent Q2 Profit Growth Propelled by AI Chips

Microsoft is debuting a new category of Windows PCs optimized for artificial intelligence. Called Copilot+ PCs, the tech giant is initially introducing it on Surface devices and through OEMs Acer, Asus, Dell, HP, Lenovo and Samsung. Availability begins June 18, with pre-orders starting now at prices of $999 and up. Microsoft says the new architeccture powers “the fastest, most intelligent Windows PCs ever built,” with silicon capable of 40+ TOPS (trillion operations per second) as well as “all–day battery life and access to the most advanced AI models.” The company describes this new wave of PCs as “just the beginning.” Continue reading Microsoft Pivots Windows to AI OS, Launching Copilot+ PCs

Qualcomm has debuted a new flagship platform, the Snapdragon X Elite series. Built for artificial intelligence and capable of running generative models with over 13 billion parameters, Qualcomm claims it offers “4.5 times faster AI processing power than competitors.” Described as “the most powerful computing processor it has ever created for the PC,” Qualcomm says the chipset is also one of the most efficient, “with up to multiple days of battery life.” Leading OEMs are expected to begin shipping models with the new processors in mid-2024. Continue reading Qualcomm Unveils Snapdragon X Elite Series, Created for AI