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Stockreport

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)  More Company Research Source: Yahoo! Finance
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
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 [Read more]

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Stockreport

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
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 [Read more]

IMPACT SNAPSHOT
EVENT TIME:
QCOM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
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)

%

VOLUME RATIO
%

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