Pins matching tag:Qualcomm

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's CEO gave the opening keynote of COMPUTEX 2026 in Taipei, declaring 2026 'the year of agents' and forecasting 40x growth in token demand by 2030, as partners showed new Snapdragon X2 PCs including the first X2 Elite desktop.

A Federal Circuit panel of Judges Prost, Chen and Stark heard ParkerVision's appeal of the claim construction that ended its receiver-patent claims against Qualcomm.

The Competition Appeal Tribunal approved a settlement that ends Which?'s GBP 480 million class action against Qualcomm with no payment, finding the claim no longer had a realistic prospect of success.

At Augmented World Expo 2026 in Long Beach, Qualcomm launched Snapdragon Reality Elite, an XR platform with 48 TOPS of on-device AI and 4.4K-per-eye graphics that will power XREAL's Project Aura Android XR glasses.

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.

Qualcomm and Meta signed a multi-generation agreement making Qualcomm a data-centre CPU supplier to Meta, whose next-generation server fleet is to run Qualcomm's Dragonfly C1000, in production from the second half of 2028.

At its Investor Day in New York, Qualcomm raised its fiscal 2029 non-handset revenue target to $40 billion, about twice the old goal, with more than $15 billion from data centers.

At its 2026 Investor Day in New York, Qualcomm branded its data-center products Dragonfly and unveiled the 250-plus-core Dragonfly C1000 CPU, the AI300 accelerator and High Bandwidth Compute memory, with Meta signed up for the CPU; the stock jumped 15%.

Qualcomm closed its all-stock takeover of Modular, valued at about $3.1 billion at closing; Mojo, MAX and Modular Cloud carry on as brands and co-founder Chris Lattner becomes a Qualcomm executive vice president.

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's Arduino opened worldwide pre-orders for the VENTUNO Q, a $299 board pairing a 40 TOPS Dragonwing IQ-8275 processor and 16 GB of memory with an STM32H5 microcontroller so robots and machines can run AI models and act on them offline.

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.

Judge Maryellen Noreika heard two days of evidence, without a jury, on whether the five-year royalty-free provisions in the Qualcomm-Arm contracts can be enforced, ahead of the jury trial of Qualcomm's suit against Arm.

Qualcomm's Snapdragon Summit 2026 ran 22-24 September in Maui under the theme 'Snapdragon for the Agentic Age', launching the 2 nm Snapdragon 8 Elite Extreme Gen 6 and 8 Elite Gen 6, Snapdragon Sound Elite Gen 2 and Linux support for Snapdragon X2 PCs.

Qualcomm unveiled two flagship phone chips at Snapdragon Summit 2026 - the Snapdragon 8 Elite Extreme Gen 6 and 8 Elite Gen 6 - on a 2 nm process with 5 GHz Oryon cores, the X105 modem and Wi-Fi 8, for phones from Xiaomi, OnePlus, OPPO, vivo, Honor and Motorola.

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 launched Snapdragon Sound Elite Gen 2 at Snapdragon Summit 2026, an audio-wearable platform with twice its predecessor's AI capability, micro-power Wi-Fi 6E for direct-to-cloud assistants and support for camera-equipped earbuds and audio glasses.

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's breach-of-contract and interference case against Arm is set for a jury trial before Judge Maryellen Noreika in Wilmington, seven months later than first scheduled.

The US Court of Appeals for the Third Circuit has listed Arm's appeal of the Delaware judgment for Qualcomm and Nuvia on the merits in Philadelphia, with oral argument at the panel's discretion.

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.