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Stock impact report

Eric Demers leaves for Intel after 14 years at Qualcomm — father of Radeon and Adreno GPUs now sits at Lip-Bu Tan's table [Yahoo! Finance]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Yahoo! Finance
The talk of the town in the world of AI right now is almost exclusively about the amounts of money shifting from one company to the next, but the latest event might have farther-reaching effects than most business deals. Eric Demers, who designed ATI's best GPUs and spearheaded almost all of Qualcomm's Adreno designs, has now joined Intel's GPU team "with a focus on AI." The blue team's GPU efforts are all but guaranteed to be significantly bolstered by Demers, a particularly welcome development in these troubled times for the company. According to Moor Insights and Strategy, this move is "bigger than people realize", as "[Demers] is an executive, but also he is a GPU architect, of which there are not that many that are at the level that he is at because he can basically build a GPU architecture from the ground up.” Although so far Intel has been quiet on the exact wording of his new position, the reports so far predictably indicate that Demers will be in charge of designing AI a Show less Read more
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