The Latest Breaking News from Qualcomm Inc

Stellantis NV (NYSE:STLA) and Qualcomm Inc (NASDAQ:QCOM) forged a multi-year technology collaboration. The financial terms of the arrangement were not disclosed. The alliance will help Stellantis merge all software domains into High-Performance Computers, leveraging the high-performance, low-power Snapdragon Automotive Platforms across all significant vehicle domains. The companies look to utilize the latest Snapdragon Digital Chassis…

Meta Platforms Inc (NASDAQ:FB) looked forward to an alternative chip from Qualcomm Inc (NASDAQ:QCOM) for the second model of the company's Ray-Ban smart glasses, the Information reports. Meta targeted far greater control over its products' features, size, and battery life to compete with Apple by building its own power-efficient AR and VR chips. Also…

Veoneer Inc (NYSE:VNE) announced that, in connection with the previously announced merger agreement with SSW and Qualcomm Inc (NASDAQ:QCOM), the parties have agreed that the closing of the merger will take place on April 1, 2022. The new owners plan to appoint Jacob Svanberg as the company's new CEO. Related: Qualcomm Beat Magna International…

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) saw orders for automotive electronics chips accelerating at a faster-than-expected pace, Digi Times reports. TSMC's advanced technology leadership will likely attract an influx of AI chip orders for autonomous driving from vendors including NVIDIA Corp (NASDAQ:NVDA), Qualcomm Inc (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), and Tesla Inc (NASDAQ:TSLA).  TSMC commanded a more than 90% share of the 7/5nm…

Qualcomm Inc (NASDAQ: QCOM) announced Monday the launch of the Snapdragon Metaverse Fund, established to invest up to $100 million in developers and companies building unique, immersive XR experiences, as well as associated core augmented reality (AR) and related artificial intelligenc

Intel Corp's (NASDAQ:INTC) self-driving car unit, Mobileye, has confidentially filed paperwork for a U.S. IPO, Reuters reports. The IPO could value the Israeli unit at over $50 billion. Intel acquired Mobileye for $15.3 billion in 2017 to fire up rivalry with Nvidia Corp (NASDAQ:NVDA) and Qualcomm Inc (NASDAQ:QCOM) in developing driverless systems for automakers. Intel CEO Pat Gelsinger…

Huawei Technologies looks to spend CNY4 billion ($632.52 million) on building a new headquarters and R&D center for its digital power unit, Reuters reports. Huawei Digital Power inked an agreement on February 17 with the local government of the southern metropolis of Shenzhen, where its parent is headquartered, for the project.…

Ferrari NV (NYSE:RACE) collaborated with Qualcomm Inc (NASDAQ:QCOM). Qualcomm will be a Scuderia Ferrari Premium Partner through Snapdragon, Qualcomm's premium product and experience brand leveraged across multiple platforms and categories, including automotive. The Snapdragon logo will make its debut on the F1-75, the Ferrari single-seater unveiled at Maranello on 17 February 2022.  Furthermore, the…

Qualcomm Inc (NASDAQ: QCOM) is trading lower Thursday with the overall markets despite strong quarterly results and a flurry of price target hikes from analyst firms.