January 29, 2026 7:40 (London Time)

Qualcomm

Sector: Semiconductors & Semiconductor Eq…

Open: 152.0 Close: 152.7 Change: 0.7

Today's Summary

Intel Hires Qualcomm Executive To Lead GPU Engineering For Data Centers. Eric Demers recently led Qualcomms GPU efforts as senior vice president of engineering. Demers announced his plan to join Intel on LinkedIn earlier in the day. Qualcomm CEO Cristiano Amon spoke to TIME about how the company is preparing for shifts in AI use and the competitive landscape. Qualcomm CEO says many personal AI use cases will run on-device, or at the “edge,” rather than in data centers.

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