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Asian shares skidded Friday, with Tokyo’s Nikkei 225 down 5% as heavy selling of computer chipmakers and other AI-related shares dragged markets lower. Stocks related to artificial intelligence have been under pressure for weeks because of worries that their prices have shot too high and that voracious demand for computer memory and processors may not be sustainable if AI ends up not producing as much profit and productivity as promised. Oil prices surged as fighting in the Middle East intensified, while U.S. futures slipped.

QUALCOMM, ticker NasdaqGS:QCOM, has introduced its Snapdragon Reality Elite platform focused on on-device AI and spatial computing. The platform targets mixed reality and spatial computing devices, with hardware tuned for next-generation immersive experiences. This launch broadens QUALCOMM's reach beyond smartphones toward a wider set of AI and connectivity use cases. QUALCOMM is known for its wireless chipsets and connectivity solutions, and the Snapdragon Reality Elite platform extends...

Qualcomm (NasdaqGS:QCOM) has outlined a broad AI data center plan that includes new partnerships with Meta and Microsoft. The company introduced its Dragonfly C1000 CPU and a new High Bandwidth Compute architecture for AI workloads. Qualcomm confirmed the acquisition of AI software company Modular to build an ecosystem that can compete with Nvidia’s CUDA. Qualcomm is best known for its smartphone processors, and the new AI data center push signals a wider focus on infrastructure and cloud...

The chipmaker unveiled its Dragonfly portfolio at an investor day, targeting more than $15 billion in data center revenue by fiscal 2029

Investing.com - Qualcomm Incorporated (NASDAQ:QCOM) unveiled its Dragonfly C1000 data center CPU and secured Meta Platforms as its first major customer on Wednesday, announcing a strategic multi-generation supply agreement at its Investor Day 2026 in New York City. Despite the milestone announcements, Qualcomm shares are trading at $193.61, down 5.15% on the session, as investors weigh the near-term cost of a separate ~$4 billion acquisition against data center revenue that won’t arrive until th

Qualcomm (NASDAQ:QCOM) is in discussions with China’s ByteDance about providing custom chip-design services, according to people familiar with the matter, as the U. S.

Applied Materials has launched SENZ, an integrated ambient visual system for AI-powered smart eyewear. The platform was co-developed with EssilorLuxottica, GlobalFoundries, and Qualcomm to support next generation AR glasses. The announcement signals an expansion of Applied Materials' role beyond semiconductor equipment into consumer optical technologies. Applied Materials (NasdaqGS:AMAT) is drawing fresh attention as it moves into AI-powered smart eyewear with the SENZ platform, while its...

Qualcomm has launched a new AI data center program with a major hyperscaler focused on custom silicon. The initiative marks an expansion for NasdaqGS:QCOM beyond smartphones and PCs into AI infrastructure. Initial shipments under this program are planned for the December quarter. QUALCOMM, traded as NasdaqGS:QCOM, is moving further into AI infrastructure with this new data center program, while its stock trades around $214.07. The company has delivered returns of 4.2% over the past week,...

Snap Inc. has officially opened preorders for Specs, a pair of standalone augmented reality glasses that blend digital content with the real world without requiring a smartphone.

AI Wearables Boom Sends Qualcomm Stock Higher

Qualcomm's stock was under pressure on June 1 after Nvidia CEO Jensen Huang made a surprise move that rattled the PC chip market. At Taiwan's annual Computex conference, Huang shared that Nvidia (NVDA) is entering the personal computer processor market with a new chip developed in partnership with ...

COMPUTEX 2026 opened in Taipei with organizers framing artificial intelligence as the central force reshaping the global technology industry, while Qualcomm (NASDAQ:QCOM) President and CEO Cristiano Amon used the event’s opening keynote to outline the company’s view of an “agentic” AI era across pho

New models use Intel and Qualcomm processors to support on-device AI

Cognex Corp. (NASDAQ:CGNX) is one of the unstoppable AI stocks to buy now. On May 5, Cognex launched the In-Sight 3900, a high-performance embedded AI vision system powered by Qualcomm Dragonwing platforms. Designed for high-speed production lines in sectors like automotive and electronics, the system performs complex inspections directly at the edge without requiring an […]