Qualcomm Unveils New Line of Chips to Join the A.I. Boom

Core Insights - Qualcomm, known for its smartphone chips, announced a partnership with Humain, a Saudi-backed A.I. company, which positively impacted Qualcomm's share price [1] Company Summary - Qualcomm's collaboration with Humain highlights its strategic move into the A.I. sector, potentially diversifying its revenue streams and enhancing its technological capabilities [1] Industry Summary - The partnership reflects a growing trend in the technology industry where semiconductor companies are increasingly engaging with A.I. firms to leverage advancements in artificial intelligence [1]