🤔 This week: TSLA Q3 earnings report - is now the right time to buy the EV giant?Explore TSLA Data

Qualcomm revamps mobile phone chips for AI, signs Samsung and others

Published 10/21/2024, 03:02 PM
Updated 10/21/2024, 03:06 PM
© Reuters. FILE PHOTO: A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
QCOM
-

By Stephen Nellis

(Reuters) - Qualcomm (NASDAQ:QCOM) said on Monday it is bringing technology first developed for its laptop chips to its mobile phone chips, aiming to make them more powerful for generative AI tasks.

The San Diego-based company is the world's biggest seller of mobile phone chips. In an effort to expand its business, the company in 2021 hired a group of ex-Apple engineers to help it design laptop chips, which went on sale this year and are helping power AI features in Microsoft (NASDAQ:MSFT)'s Windows.

Now, the technology developed by that team - a set of custom computing technology Qualcomm has branded "Oryon" - is being put into the company's mobile phone chips for the first time.

The company has also re-worked the parts of the chip, which is called the Snapdragon 8 Elite, to handle tasks such as generating images and text. Qualcomm will offer software developers special tools beyond the ones already available in Alphabet (NASDAQ:GOOGL)'s Android operating system to tap into those parts of the chip.

© Reuters. FILE PHOTO: A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

"AI has been one of those where I think Google is moving fast, but we have our own technology to offer that end developer," Chris Patrick, Qualcomm's senior vice president and general manager for mobile handsets, told Reuters.

Qualcomm said Samsung Electronics (KS:005930), Asustek Computer and Xiaomi (OTC:XIACF), among several others, will use the new chip.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.