NatalieLopez

 24 Apr 24

tl;dr

Qualcomm (NASDAQ:QCOM) unveiled its new Snapdragon X Plus chip for PCs on Wednesday, while stating that its previously announced Snapdragon X Elite will be available in the middle of the year. The new Snapdragon X Plus comes with 10 core Qualcomm Oryon CPU and a 45 TOPS neural processing unit, which...

Qualcomm (NASDAQ:QCOM) unveiled its new Snapdragon X Plus chip for PCs on Wednesday, while stating that its previously announced Snapdragon X Elite will be available in the middle of the year. The new Snapdragon X Plus comes with 10 core Qualcomm Oryon CPU and a 45 TOPS neural processing unit, which the company claims is the fastest NPU for Windows (MSFT) laptops in the world. Shares rose around 1% in early trading on Wednesday. “Snapdragon X Series platforms deliver leading experiences and are positioned to revolutionize the PC industry,” Qualcomm executive Kedar Kondap said in a statement. “Snapdragon X Plus will power AI-Supercharged PCs that enable even more users to excel as radical new AI experiences emerge in this period of rapid development and deployment.” The new chips could match the performance of Apple's (AAPL) M3, Intel's (INTC) Core Ultra 9 and AMD's (AMD) Ryzen 9, The Verge reported. Qualcomm said PCs using the Snapdragon X Plus and the Snapdragon X Elite, which was unveiled in October, will be available from PC makers starting in the middle of the year. San Diego-based Qualcomm is slated to report fiscal second-quarter results after the close of trading on May 1. A consensus of analysts expect the company will earn $2.31 per share on $9.33B in revenue.

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Qualcomm Incorporated Summary

Qualcomm Incorporated

Qualcomm is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards.

Sector: MANUFACTURING

Industry: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT

Market Cap: 180.07B

Current Price: $23.05

Change: 3.15 ( 7%)

PE Ratio: 32.53

EPS: $0.214

Revenue: 36.29B

Net Income: 159.16M

Dividend Yield: 0.245

Beta: 0.05

More about Microsoft Corporation

Microsoft Corporation is an American multinational technology company which produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.

Industry: TECHNOLOGY

Sector: SERVICES-PREPACKAGED SOFTWARE

Market Cap: 302.84 billion

Current Price: $36.88

Change: $2.86

Change %: 11.05%

52-Week High: $30.61

52-Week Low: $0.363

Shares Outstanding: 2,275,830,010

Volume: 433.88 million

Beta: 0.332

Dividend Yield: 0.176

More about Apple Inc

More about Intel Corporation

Company: Intel Corporation

Description: American multinational corporation and technology company headquartered in Santa Clara, California, in Silicon Valley. It is the world's largest semiconductor chip manufacturer by revenue, and is the developer of the x86 series of microprocessors, the processors found in most personal computers (PCs).

Industry: Manufacturing, Semiconductors & Related Devices

Market Cap: 145.93 billion

Current Price: 85.7

Change: 0.74 (0.4%)

PE Ratio: 12.94

EPS: 0.0312

Revenue: 54.23 billion

Dividend: 41.57

Beta: -0.717

Volatility: 0.097

More about Advanced Micro Devices Inc

Company: Advanced Micro Devices Inc

Industry: Manufacturing, Semiconductors & Related Devices

Market Cap: 246.09 billion

Current Price: $287.3

Dividend Yield: None

P/E Ratio: 0.53

EPS: $14.05

ROI: 3.77%

Volume: 22,680,001,000

52-Week High: $180.33

52-Week Low: $48.69

Price to Sales Ratio: 0.102

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 18 Sep 24
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