March 17 (Reuters) - Smartphone chip designer Qualcomm on Tuesday unveiled a $20 billion stock buyback ‌program as it looks to take advantage ‌of a steep drop in its share price, which has ​been hit by a global memory supply crunch that is expected to slow handset manufacturing. Shares of the company rose more than 3% on Tuesday, after ‌a year-to-date drop ⁠of over 24% as the widespread shortage of memory chips hit Qualcomm's customers, ⁠mainly smartphone makers. The new buyback is in addition to its e ...

Core Viewpoint - General Motors (GM) has selected Nvidia as its partner for autonomous vehicle chips and technology, indicating a strategic move in the autonomous driving sector [1] Group 1 - GM's partnership with Nvidia may position the company favorably in the competitive landscape of autonomous driving technology [1] - The collaboration raises questions about whether the autonomous driving market is becoming commoditized [1]