Qualcomm (QCOM) announced a new AI chip — its Snapdragon Elite X — for Windows-operating laptops (MSFT). According to performance tests, the chip matches the peak performances of both Apple’s (AAPL) M2 chip and Intel’s (INTC) i9-13980Hx. The chip will make its debut next year, along with other new products announced at the Snapdragon Summit in Hawaii.
Qualcomm CEO Cristiano Amon joins Yahoo Finance to discuss the new chip and what the company’s plans are moving forward in the mobile processing space.
“”Our company has been very focused in diversifying and generating growth to other end markets for Qualcomm beyond mobile. If we look at what’s happening with the PC right now, we see too many drivers of innovation and change,”” Amon says. “”The PC is becoming a communication device, the PC is becoming more mobile, more portable, and you have [generative] AI which is changing a lot of the use cases and experience. So for us, it’s an incredible growth opportunity.””
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