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Arm’s first CPU ever will plug into Meta’s AI datacenters later this year [Verge, The]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Verge, The
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
After decades of only licensing its chip designs for others to use, UK-based Arm revealed the first chip it's producing on its own, and the first customer. Dubbed the Arm AGI CPU, it's another chip designed for inference, or running the cloud processing for AI tools like AI agents that can continue to spawn more and more tasks to run at once. The first company in line to use it is Meta, which has reportedly struggled to launch its own AI chips. Meta says it's both the lead partner and co-developer , and plans to work on “multiple generations” of the datacenter CPUs, for use along with hardware from other vendors like Nvidia and AMD . Arm customers like Amazon AWS, Microsoft, Google, Marvell, Nvidia, Samsung, and others included congratulatory notes with the announcement. However, Qualcomm, which said it had achieved “complete victory” over Arm with a court ruling last fall in their case over the terms of licensing agreements, was not one of them. Financial terms of the deal [Read more]
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Stockreport

Arm’s first CPU ever will plug into Meta’s AI datacenters later this year [Verge, The]

QUALCOMM Incorporated  (QCOM) 
More Company Research Source: Verge, The
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
After decades of only licensing its chip designs for others to use, UK-based Arm revealed the first chip it's producing on its own, and the first customer. Dubbed the Arm AGI CPU, it's another chip designed for inference, or running the cloud processing for AI tools like AI agents that can continue to spawn more and more tasks to run at once. The first company in line to use it is Meta, which has reportedly struggled to launch its own AI chips. Meta says it's both the lead partner and co-developer , and plans to work on “multiple generations” of the datacenter CPUs, for use along with hardware from other vendors like Nvidia and AMD . Arm customers like Amazon AWS, Microsoft, Google, Marvell, Nvidia, Samsung, and others included congratulatory notes with the announcement. However, Qualcomm, which said it had achieved “complete victory” over Arm with a court ruling last fall in their case over the terms of licensing agreements, was not one of them. Financial terms of the deal [Read more]
IMPACT SNAPSHOT
EVENT TIME:
QCOM
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Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS