Qualcomm CEO sees no shortage of AI chips even as demand rises

Quick Summary:

Qualcomm, the world’s biggest seller of smartphone processors, last week gave a bullish sales forecast for the current quarter.

There has been a boom in state-backed investment into semiconductor production around the world following shortages during the pandemic, as governments have announced subsidies to promote an essential industry.

This week, Japanese Prime Minister Shigeru Ishiba pledged more than $65 billion of fresh support for the nation’s semiconductor and AI sector in an attempt to keep pace with the US, EU and China.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaChinaJapan

Topics: Artificial intelligence Semiconductor supply Ai sector Qualcomm Cristiano amon

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 10:02:22 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 545 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23565216

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 4 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #84

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