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Qualcomm's stock rose 4% on Tuesday following news that it will supply customized silicon for Amazon Web Services' AI infrastructure, with a focus on inference workloads. As part of the deal, Qualcomm granted Amazon warrants to purchase 25 million shares at $161.26 each, valuing the arrangement at roughly $4 billion.
According to Digitimes, Intel is preparing to raise prices on its PC processors by about 10 percent starting in October, following earlier increases this year. The outlet also reports Intel may cut 5 to 10 percent of its workforce while still hiring in some areas, and could phase out its Small Core line, which mainly affects industrial and IoT devices rather than consumer PCs.
Retroid released a short teaser confirming a new dual-screen retro handheld called the Pocket Duo, styled after the Nintendo DS. The video revealed only a dark glimpse of the device, withholding specs, pricing and release timing, though it appears to use a clip-free, cable-free clamshell design rather than Retroid's existing screen add-on accessory.
Apple, Xiaomi, HUAWEI, vivo, OPPO, and HONOR have all scheduled September events expected to unveil new top-tier phones rebranded from 'Ultra' to 'Pro Max' naming. Expected models include the iPhone 18 Pro Max, Xiaomi 18 Pro Max, HUAWEI Mate 90 Pro Max, vivo X500 Pro Max, OPPO Find X10 Pro Max, and HONOR Magic 9 Pro Max, each carrying new flagship chipsets and upgraded camera systems.
Ultrahuman, a rival to Oura in the smart ring market, secured $70 million from investors including Qualcomm Ventures, Labcorp, Alpha Wave and Blume to fund development of next-generation AI wearables. The company plans to use the funding to advance sensing, materials, electronics and algorithms, and is exploring a future ring that could work with devices like Meta's smart glasses for gesture control, according to chief business officer Bhuvan Srinivasan.
Indian wearable maker Ultrahuman has closed a $70 million funding round backed by Qualcomm Ventures, Labcorp, Alpha Wave, Blume Ventures, Nexus Venture Partners and Alteria Capital, valuing the company at $365 million—roughly three times its 2023 valuation. The round includes $65 million in equity and $5 million in debt, and Ultrahuman is now developing a new ring built on Qualcomm silicon instead of its current Nordic Semiconductor chip.
Lenovo is launching the IdeaPad Vibe, a budget productivity laptop starting at $700 aimed at competing with the MacBook Neo and Dell XPS 13. It comes in colorful metal finishes, two screen sizes (14 or 15 inches), a choice of Qualcomm Snapdragon X or AMD Ryzen AI 400 series processors, up to 32GB of RAM, 1TB storage, and optional 120Hz OLED displays.
HTC is bringing its Vive Eagle smart glasses to the US market after debuting them last year, offering a screen-free, glasses-first design. The device includes a 12MP ultrawide camera, 32GB of encrypted storage, and support for either OpenAI or Gemini voice assistants, running on Qualcomm's Snapdragon AR1 chip. Pricing starts at $499 for standard or sunglass lenses, rising to $599 for photochromic versions.
Lenovo has announced the IdeaPad Vibe, a productivity laptop line positioned against Apple's MacBook Neo, offered in 14- and 15-inch sizes with AMD and Qualcomm chip variants launching in October and November respectively, and Intel models coming later. The laptops feature an all-metal chassis, USB-C charging, seven color options with customizable keycaps, a backlit keyboard, and more ports than the Neo, though none support fast data speeds.
According to leaker Roland Quandt, Samsung's upcoming Galaxy A18 will offer 128GB and 256GB storage configurations and come in Light Blue, Black, and Silver colorways. The leak follows earlier CAD renders in July that showed the phone's design staying close to its predecessor's look.
Qualcomm has shared new details on the GPU inside its upcoming flagship Snapdragon chip, revealing three new Adreno Matrix Cores designed to run AI workloads with lower latency and better power efficiency. These cores power a new feature called Adreno Neural Fusion, which handles frame generation and AI-based upscaling, promising fewer visual artifacts, more stable performance, and up to 40% lower power use than Qualcomm's earlier solution.
MediaTek stock jumped 10% on Tuesday following news that Nvidia will invest $3.5 billion in convertible bonds issued by the Taiwanese chipmaker. The deal deepens a partnership aimed at expanding MediaTek's presence in data center chips, extending a rally that has seen its shares nearly triple this year.