Qualcomm: Taking Artificial Intelligence To A New Level

Qualcomm (NASDAQ: QCOM) announced a few days ago that its subsidiary Qualcomm Technologies will offer OEMs its first machine learning SDK for running their own neural network models on devices powered by Snapdragon 820 SoCs. The devices include smartphones, cars and drones among many others. With the introduction of the new Snapdragon Neural Processing Engine SDK, we are making it possible for myriad sectors, including mobile, IoT and automotive to harnesses the power of Qualcomm Snapdragon 820 and make high-performance, power efficient on-device deep learning a reality. Qualcomm said in its Q2 earnings call that the company is broadening its presence in "adjacent opportunities," i.e., in adjacent markets where it has growth opportunities. The company has such opportunities in the sectors Brotman mentioned, as presented above in bold.