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Stock impact report

The winners of the smartphone boom think they know what the next big tech gadget is [CNN]

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: CNN
Qualcomm, whose chips power smartphones from major Android device makers, launched a new chip Monday for new products along those lines. The company says it's seeing growing interest from tech companies in devices that look like pendants, pins, glasses and other discrete items worn on the body. Tech companies are racing to predict whether AI's popularity will result in a new hit product, similar to how the internet laid the foundation for the smartphone. Qualcomm's chips power millions of devices from companies like Samsung, Motorola, Meta and many others, so its new commitment could be a sort of bellwether for the consumer tech world. But tech companies will have to prove that new devices can do things better or differently than smartphones and alleviate privacy concerns around devices can surreptitiously record their surroundings. Trying to do what your phone can't Ziad Asghar, who leads Qualcomm's wearables and personal AI devices division, said Qualcomm saw the need for a Show less Read more
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