Qualcomm introduced its Snapdragon 8 Elite Gen 6 chipsets, designed for high-end Android smartphones with enhanced on-device AI capabilities. Built using TSMC's 2-nanometer process, these chips target premium brands like Motorola, Xiaomi, and ZTE amid a shrinking smartphone market driven by rising memory costs. Qualcomm positions these chips as AI hubs capable of running complex AI models locally, reducing reliance on cloud processing. This launch reflects a shift towards premium devices with advanced AI features as the industry adapts to market challenges.
As of Sep 23, 2026 03:12 WIB, Qualcomm shares are trading at USD 198.10 with a 1-day gain of 1.99% on Pluang, reflecting steady investor interest despite challenges in the smartphone market. Motorola Solutions, another key player mentioned in the news, is priced at USD 461.00, up 0.51% for the day. Notably, Qualcomm's market cap stands at $207.45 billion, underscoring its significant presence in the technology sector as it pushes AI capabilities in premium Android devices.
Qualcomm introduced two new flagship smartphone processors, Snapdragon 8 Elite Gen 6 and Snapdragon 8 Elite Extreme Gen 6, designed to enhance AI capabilities and camera performance. These chips feature new sensing hubs that can run AI models locally...
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