MobileNews

Qualcomm stock dips following Pixel 6 ‘Tensor’ reveal, teases future collaboration w/ Google

The Android smartphone market, especially in the US, has long been dominated by Qualcomm’s Snapdragon chips. As Google confirmed that its next flagship Pixel would use its own “Tensor” chipsets, Qualcomm was quick to confirm it wasn’t done working on Pixels.

Just after Google’s announcement of “Tensor” earlier today, Qualcomm’s publicly traded stock took a hit in the minutes following the reveal. The dip wasn’t major by any means, only dropping from roughly $153 to close out the day at just shy of $149, but the cause for the immediate drop was certainly clear.

Qualcomm, though, was quick to respond to the situation, issuing a brief statement to CNBC and Walter Bloomberg. In the statement, Qualcomm says that it will “continue to work with Google” on current and future “products.” Given the context, it’s probably safe to assume this is referring to Pixel phones.

Qualcomm will continue to work closely with Google on existing and future products based on Snapdragon platforms.

– Qualcomm Spokesperson

The latter information is likely referring to the Pixel 5a, which is expected to be launched later this month. We previously reported that the phone will be using the same Snapdragon 765G chip found in Pixel 4a 5G and Pixel 5.

Given the “market-leading” position Google says that Tensor falls into, it remains unclear at this point if the Pixel A-series will adopt the in-house design or stick with Qualcomm beyond this year’s release. Google and Qualcomm also announced collaborations on improving long-term Android updates for Snapdragon devices.

More on Pixel:



Author: Ben Schoon
Source: 9TO5Google

Related posts
AI & RoboticsNews

Online bot traffic will exceed human traffic by 2027, Cloudflare CEO says

AI & RoboticsNews

Meta rolls out new AI content enforcement systems while reducing reliance on third-party vendors

AI & RoboticsNews

Multiverse Computing pushes its compressed AI models into the mainstream

Cleantech & EV'sNews

The new BMW i3 EV is a road trip monster with 440 miles of range, fast charging, and more

Sign up for our Newsletter and
stay informed!