Pins matching place:"Morehouse Drive"

Qualcomm added Christopher Young, Microsoft's executive vice president for business development, strategy and ventures and a former McAfee CEO, to its board and its HR and Compensation Committee.

Qualcomm's June 2025 security bulletin fixed three flaws in its Adreno GPU driver that Google's Threat Analysis Group said may be under limited, targeted exploitation; CISA ordered US agencies to patch by 24 June.

Qualcomm's fiscal third quarter brought $10.37 billion of revenue, up 10%, and record automotive chip sales of $984 million, though the shares slid after hours.

Qualcomm elected Zico Kolter, head of Carnegie Mellon's Machine Learning Department, to its board as it pushes into AI chips for devices and data centers.

Qualcomm agreed to acquire Arduino, the open-source electronics maker with more than 33 million active users, which keeps its brand and unveiled the UNO Q, its first 'dual-brain' board, on a Qualcomm Dragonwing chip.

Qualcomm entered the data-center AI market with the AI200 and AI250 accelerator cards and liquid-cooled racks, with 768 GB of memory per card, due in 2026 and 2027; its stock jumped 11% that day.

Qualcomm closed fiscal 2025 with record QCT chip revenue and $44.3 billion in total sales, but a $5.7 billion non-cash tax charge tied to the One Big Beautiful Bill Act turned the quarter to a GAAP loss.

Qualcomm posted record quarterly revenue of $12.25 billion, then guided below Wall Street as the industry-wide memory shortage squeezed handset makers; the shares fell as much as 10% after hours.

Qualcomm and Google disclosed a memory-corruption bug in an open-source Qualcomm graphics component, affecting more than 230 chipsets, that 'may be under limited, targeted exploitation'.

Qualcomm's board lifted the quarterly dividend from $0.89 to $0.92 a share and approved a new $20 billion stock repurchase authorization with no expiry date.

Qualcomm stockholders re-elected 11 directors, approved executive pay and a larger stock plan, and voted down proposals on calling special meetings and on China risk at the virtual 2026 annual meeting.

Qualcomm's $10.6 billion quarter and weak guidance first knocked the shares down 7% after hours, then Cristiano Amon said data-center chips would ship to a large hyperscaler this year and the stock jumped 16%.

Qualcomm's spring 2026 job cuts took effect across 11 San Diego sites, including its Morehouse Drive headquarters: 67 on 26 May and 38 more on 8 June, mostly in engineering, cybersecurity and IT.

Qualcomm launched Snapdragon C, an entry-tier laptop processor with an integrated NPU for machines from about $300, with designs from Acer, HP and Lenovo aimed at students, families and small businesses.

Qualcomm agreed to buy Modular, Chris Lattner's startup whose AI software runs models across CPUs, GPUs, NPUs and custom chips without rewrites, in an all-stock deal of up to 19.2 million shares valued at about $3.9 billion.

BMW Group chose Qualcomm as the lead compute silicon provider for its next-generation digital cockpit and driver-assistance and automated-driving systems through the next decade, across Snapdragon Cockpit and Snapdragon Ride.

Qualcomm's revenue slipped 4% to $9.95 billion as handset chip sales fell 20%, and Cristiano Amon said the company would raise chip prices from 1 September to cover soaring memory and manufacturing costs.

Qualcomm will build customised AI inference silicon and up-to-1.6T optical connectivity for Amazon's data centres over several generations, and gave Amazon a warrant for up to 25 million Qualcomm shares vesting against up to $60 billion of purchases.

Qualcomm agreed to acquire PickNik, the Boulder robotics software company behind the open-source MoveIt manipulation framework, promising to keep MoveIt open while tying it closely to Dragonwing robotics chips and Arduino boards.

Qualcomm renewed its global patent licence agreement with Apple from 1 April 2027, keeping its cellular royalty stream from iPhones even as Apple moves to its own modems.

Qualcomm is expected to report fourth-quarter and full fiscal 2026 results, guided at $9.7-10.5 billion of revenue, the first report since its price increases took effect.

Qualcomm's second-generation data-center AI accelerator, the Dragonfly AI250, is due in 2027 with High Bandwidth Compute near-memory stacking that gives 133 TB/s of effective bandwidth per card, 18 times the AI200.