Qualcomm Vs. Intel: The Market is Refuting Both AI Rebrand Attempts
Source ↗
👁 1
💬 0
The post Qualcomm Vs. Intel: The Market is Refuting Both AI Rebrand Attempts appeared first on 24/7 Wall St..
Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) each used their summer earnings reports to sell investors on an AI identity. Intel highlighted server CPUs, advanced packaging and foundry capacity. Qualcomm highlighted cars, custom silicon and a data center plan that has not yet booked its first revenue. Since those reports, investors have cooled on both stories.
Intel closed at $102.81, j
Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) each used their summer earnings reports to sell investors on an AI identity. Intel highlighted server CPUs, advanced packaging and foundry capacity. Qualcomm highlighted cars, custom silicon and a data center plan that has not yet booked its first revenue. Since those reports, investors have cooled on both stories.
Intel closed at $102.81, j
Comments (0)