Qualcomm has completed the acquisition of Nuvia Inc, the CPU startup founded by a trio of big-name Apple execs. It announced its intention to swallow up Nuvia and its technologies back in January, and we learned that it was willing to cough-up $1.4bn for the promise of Silicon Design Reimagined . The world-class Nuvia team enhances our CPU roadmap, extending Qualcomm’s leading technology position with the Windows, Android and Chrome ecosystems, said Cristiano Amon, Qualcomm President and CEO-Elect. Amon went on to says that the acquisition would allow Qualcomm to deliver leading CPU performance and power efficiency, going forward.
An idea of the potential offered by taking on board Nuvia CPU design technologies can be glimpsed by looking at Nuvia s news and press release archive. One of the key slides outlining Nuvia s new way forward for Arm-based cores is reproduced above. The slide shows the potential performance per watt deliverable (the blue tadpole), compared with cur
Qualcomm has completed the acquisition of Nuvia Inc, the CPU startup founded by a trio of big-name Apple execs. It announced its intention to swallow up Nuvia and its technologies back in January, and we learned that it was willing to cough-up $1.4bn for the promise of Silicon Design Reimagined . The world-class Nuvia team enhances our CPU roadmap, extending Qualcomm’s leading technology position with the Windows, Android and Chrome ecosystems, said Cristiano Amon, Qualcomm President and CEO-Elect. Amon went on to says that the acquisition would allow Qualcomm to deliver leading CPU performance and power efficiency, going forward.
An idea of the potential offered by taking on board Nuvia CPU design technologies can be glimpsed by looking at Nuvia s news and press release archive. One of the key slides outlining Nuvia s new way forward for Arm-based cores is reproduced above. The slide shows the potential performance per watt deliverable (the blue tadpole), compared with cur
Qualcomm enjoys massive earnings growth but misses revenue forecast
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Smartphone chip company Qualcomm Inc.’s first-quarter financial results came in a bit mixed today, with profit just beating expectations and revenue falling short.
Despite strong guidance for the next quarter, the company’s stock fell after-hours.
The company reported a profit before certain costs such as stock compensation of $2.17 per share on revenue of $8.235 billion, up 62% from the same period one year before. Wall Street was looking for earnings of $2.10 per share on larger revenue of $8.27 billion.
Qualcomm Chief Executive Steve Mollenkopf (pictured) said in a statement that the company had delivered an exceptional quarter, doubling its year-over-year profit thanks to strong demand for 5G handsets, RF front-end, automotive and “internet of things” chips.
Qualcomm stock drops despite earnings beat, 5G sales surge amid supply constraints MarketWatch 2/4/2021
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Qualcomm Inc. shares dropped in the extended session Wednesday, after the chip maker’s revenue came in slightly lower than expected, acknowledging that industry-wide supply constraints were affecting performance.
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Qualcomm President Cristiano Amon elaborated on the call about the supply situation.
“We have seen, I think, probably shortage across the entire industry,” Amon said. Chip demand is outpacing supply for many chip makers and hardware companies in today’s digital-dominated, COVID-19 environment.
“The V-shaped recovery that we’ve seen across the industry and all of the accelerated digitization is driving semiconductors, and we see that across the board,” Amon told analysts on the call.