AI Is Probably Underestimated, Qualcomm CEO Says

BloombergThursday, November 6, 2025 at 5:56:12 PM
AI Is Probably Underestimated, Qualcomm CEO Says

AI Is Probably Underestimated, Qualcomm CEO Says

Qualcomm's CEO Cristiano Amon believes that the potential of artificial intelligence is being underestimated globally. During an appearance on 'Bloomberg Tech,' he emphasized the significant growth AI is expected to achieve. Qualcomm is responding to this trend by developing a new line of AI chips aimed at competing with Nvidia, highlighting the company's commitment to innovation in this rapidly evolving field.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
The Trends Investors Should Be Looking For In 2026
PositiveFinancial Markets
In a recent briefing in Houston, top investment leaders including Eric Freedman and Kara Murphy discussed the promising trends investors should watch for in 2026. They highlighted key sectors, innovative strategies, and upcoming regulatory changes that could significantly enhance returns. This conversation is crucial as it provides insights into the evolving investment landscape, helping investors make informed decisions about where to allocate their resources for maximum growth.
Fed’s Barr Sees Progress Made on Inflation, But Still ‘Work to Do’
NeutralFinancial Markets
Federal Reserve Governor Michael Barr recently highlighted the progress made in tackling inflation but emphasized that there is still work to be done to reach the central bank's 2% target. Speaking at a virtual event focused on community development, Barr stressed the importance of maintaining a strong labor market as part of the ongoing efforts. This is significant as it reflects the Fed's commitment to balancing economic growth with inflation control, which affects everyone from consumers to businesses.
Invesco QQQ Sponsor Spotlight: Rethinking Innovation
PositiveFinancial Markets
Invesco's Tim McLaughlin recently discussed the future of innovation at a briefing in Houston, highlighting new opportunities for investors. This conversation with Bloomberg's Alexis Maxwell is significant as it sheds light on how investment strategies are evolving in response to changing market dynamics, making it a crucial topic for those looking to stay ahead in the financial landscape.
AT&T Ventures' Vikram Taneja on Strategic Investing
PositiveFinancial Markets
Vikram Taneja, the head of AT&T Ventures, recently shared insights on strategic investing during a conversation with Bloomberg's Niraj Patel at The Future Investor briefing in Houston. This discussion highlights the importance of identifying opportunities and fostering innovation in the investment landscape, which is crucial for driving growth and adapting to market changes.
The AI Layoff Wave Is Here | Open Interest 11/06/2025
NegativeFinancial Markets
The recent surge in layoffs, particularly in the tech sector, has reached alarming levels, with October marking the highest job cuts in 22 years. This trend is largely driven by AI advancements and cost-cutting measures, raising concerns about the future of employment in the industry. While Qualcomm's optimistic forecast offers a glimmer of hope, it hasn't been enough to sway investor confidence. Additionally, Disney's new partnership with DraftKings for sports betting signifies a shift in strategy, replacing its previous collaboration with Penn Entertainment. These developments highlight the ongoing challenges and transformations within the tech landscape.
Dimon Says Being Anti-Business Won't Help Average Citizens
NeutralFinancial Markets
JPMorgan Chase CEO Jamie Dimon recently addressed the America Business Forum in Miami, emphasizing that while the US has not adequately supported its lowest-income citizens, attacking businesses is not a viable solution. His comments highlight the ongoing debate about how to effectively assist the most vulnerable populations without undermining the business sector, which plays a crucial role in the economy.
JPMorgan's Dimon Weighs In on AI: 'Embrace It'
PositiveFinancial Markets
JPMorgan Chase CEO Jamie Dimon recently emphasized the importance of embracing artificial intelligence during his speech at the America Business Forum in Miami. He highlighted that while the benefits of AI are just starting to unfold, it cannot replace the value of human capital. This perspective is crucial as businesses navigate the evolving landscape of technology and workforce dynamics.
ADP's Richardson Sees Recovery in Jobs Market
NeutralFinancial Markets
Nela Richardson, the chief economist at ADP, has noted a cautious recovery in the US jobs market, despite recent reports of significant job cuts totaling over 153,000 last month. While some sectors like transportation, utilities, and healthcare are actively hiring, the overall job landscape remains mixed. This insight is crucial as it highlights both the challenges and opportunities within the job market, helping businesses and job seekers navigate the current economic climate.