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