Qualcomm Inc (NASDAQ:QCOM) is harnessing the capabilities of advanced artificial intelligence (AI) to amplify its presence in the automotive chip sector, presenting fresh and imaginative possibilities to automakers. Known for its cutting-edge chips and modems found in Android phones, the company has been actively promoting its Snapdragon Digital Chassis, a fusion of hardware chips, sensors,…
(Reuters) – United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become “uninvestible”, pointing to fines, raids and other actions that have made it too risky to do business in the world’s second-largest economy. Major global firms ranging from banks to chipmakers are taking a largely cautious stance…
By Aditya Soni (Reuters) -Salesforce rallied over 5% on Thursday after its strong earnings report showed that cost cuts were working and demand was holding up better than expectations in a turbulent economy. The business software firm behind workplace-messaging tool Slack and data analytics tool Tableau was set to add around $10 billion to its…