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Cristiano Amon, CEO of Qualcomm, discusses tariffs and the China market for his business.
Cristiano Amon, CEO of Qualcomm, talks to CNBC's Arjun Kharpal about the company's move into data center processors as part of a broader diversifcation push.
Qualcomm said it is planning to launch a custom central processing unit for the data center that can connect to Nvidia's GPUs and software. A link to Nvidia's infrastructure is key for any player hoping to crack into the data center, given the relevance of the U.S. chip giant's semiconductors are for AI.
Qualcomm on Monday said it will make custom data center central processing units, or CPUs, that use technology from Nvidia to connect to Nvidia's artificial intelligence chips.
Qualcomm appears to be treading in the middle of the road, and investors could be better off if they trade with caution.
Qualcomm (QCOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
US stocks have been reclaiming some of their lost ground in recent sessions after the Trump administration and President Xi's office agreed to pause reciprocal tariffs on each other's products for 90 days. The world's largest economies will be working on reaching a broader, more permanent agreement during this three-month period.
Qualcomm Inc. NASDAQ: QCOM closed at its highest level in more than a month on Monday night, continuing a solid recovery from its post-earnings dip two weeks ago.
@ProsperTradingAcademy's Mike Shorr says the U.S. and China tariff pause was "too easy." He's watching for a potential stock pullback on any negative headlines following the announcement.
British semiconductor company Alphawave IP Group on Monday said the UK takeover panel had extended the deadline for a takeover offer by U.S. chipmaker Qualcomm to May 27.