May 1, 08:30 PM

Qualcomm $QCOM Boosts AI PC Market with Snapdragon X Plus and X Elite, Reports Strong Earnings, Stock Hits 52-Week Highs

Qualcomm $QCOM is making strides in the AI PC market with its new Snapdragon X Plus and X Elite chips, offering up to 45 TOPS of computing power. The company reported strong earnings, beating estimates and raising guidance, with notable growth in auto and IoT segments. Qualcomm's stock surged to 52-week highs post-earnings, signaling investor confidence in its performance.

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Written with ChatGPT (GPT-3).