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To: Johnny Canuck who wrote (59294)5/21/2024 1:27:13 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69133
 
QCOM hitting $200 today, a new 52 week high and all time high.

P/E is 26 so still resonable.

A lot of expectation outside of the traditional mobile device market being built in.

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How Qualcomm is cementing its spot in the AI race



Julie Hyman
·Host

Mon, May 20, 2024, 2:11 PM PDT

In this article:



Qualcomm ( QCOM) is set to power Microsoft's ( MSFT) next generation of Windows PCs with its artificial intelligence chips. Qualcomm COO and CFO Akash Palkhiwala joins Market Domination Overtime to break down the company's latest AI moves.

Palkhiwala explains that the Snapdragon X Elite chips will have three key new areas: "best-in-class" processing, long battery life, and an "incredible set of AI experiences." Qualcomm announced more than 20 devices that will be enabled by the chip, which will be available soon for consumers to purchase.

"We're uniquely positioned to be the primary beneficiary of that growth in AI PCs, and we have a chip that significantly out-contributes any of our competitors," Palkhiwala says. He adds that as the market transitions, Qualcomm has an "opportunity to be a leader," and explains that it is "the beginning of a new chapter."

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Melanie Riehl

Video TranscriptLooking to advance its A I play the company set to power Microsoft's next generation of Windows P CS with its A I chips.

That announcement coming today at that Microsoft event that our Dan, how he told us about earlier.

Joining us now to discuss Q Chief Financial Officer and Chief operating officer A CPA.

It's great to see you again.

Thanks for being here, great being here, Julie, how are you?

I'm doing well.

Thank you.

I'm excited to get my eyes on these new um P CS and to test them out.

Uh What are the snapdragon chips that are going into these P CS?

What kind of capabilities are we gonna see from this new generation?

Yeah, so first of all, we are very excited about the announcement today, Microsoft talked about the next generation of P CS with copilot plus bringing in some incredible A IX experiences for the consumers into the devices.

And so we're great greatly looking forward to those devices lodged.

Um What Qualcomm brings to the device is a specific chip that we built for this purpose.

It's called the snapdragon exit chip and it shows three key new areas.

The first one is uh the best in class processing exceeding all other um all other P CS in terms of performance.

The second is very, very good battery life.

It shows very long battery life, uh several times extend, extending greater than 20 hours.

And this is not something that uh P CS have had before.

And then the third is this incredible set of A I experiences that Microsoft outlined today that for the foreseeable future, only available on Qualcomm Snapdragon exo devices, we announced more than 20 devices that are all enabled by our chip that will be soon be available for consumers to buy.

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