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.

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.

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.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaBangladeshCanadaChinaJapan

Topics: Semiconductor supply Ai sector Artificial intelligence 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 (4 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 560 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 33 words per sentence (average)

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

Copyright Owner: © Economic Times

News ID: 23621261

View Article Analysis

About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

Publisher Details

Frequently Asked Questions