Posted 3/5/2024, 5:25:29 PM
Qualcomm Bets on On-Device Generative AI with New Snapdragon Chips
- Qualcomm CEO touts company's generative AI capabilities and new Snapdragon mobile chips during annual meeting
- Chips meant to power on-device generative AI apps on Android phones and compete with Intel, AMD, Nvidia in PC market
- Qualcomm releasing Snapdragon X Elite chip aimed at setting benchmark for on-device generative AI experiences
- Currently most generative AI experiences still processed in cloud, but trend toward on-device seen as more secure
- Qualcomm stock has lagged peers in generative AI boom, but positioned well if on-device apps take off given Android reach