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via finance.yahoo.comTech & AI

Qualcomm CEO: AI won't replace your smartphone anytime soon

FROM THE WIRE · FINANCE.YAHOO.COM

Meta (META) has the Muse charm and AI-friendly glasses. OpenAI (OPAI.PVT) is still testing an AI-forward hardware device. Snap (SNAP) recently dropped its latest AI smart glasses. And Tesla (TSLA) is starting to pump out humanoid robots. But despite all the advancements in tech…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishQualcomm's CEO flags a smartphone market hurt by memory prices, with 2027 seen flat to down.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Amon says the smartphone market is down in 2026.
  2. 02He says the market is suppressed by memory prices.
  3. 03For 2027 he expects the market to be flat to down.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
QUALCOMM IncorporatedQCOMStock177.66 USD-1.03%today +0.62%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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