Qualcomm to launch next gen processors to take on Apple M chips

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San Francisco, Nov 17 | US-based chip maker Qualcomm is planning to announce next-generation Arm-based chips for Windows PCs that would be able to compete with Apple’s M-series processors.

During the company’s Investor Day, Qualcomm CTO Jim Thompson announced Qualcomm’s plans to create a next-gen ARM-based SoC (system-on-a-chip) designed to set the performance benchmark for Windows PCs.

The new chip will be designed by the Nuvia team, which Qualcomm had bought earlier this year for $1.4 billion, the company said late on Tuesday.

Nuvia was founded by John Bruno, Manu Gulati, and Gerard Williams, former Apple employees who previously worked on the team that helped create Apple’s M-series chip.

The Soc in terms of performance for Windows PCs would be able to go head to head with Apple’s M-series processors.

Unlike Qualcomm’s 8cx chips, which are designed primarily to support mobile productivity, Qualcomm envisions its next-gen CPU may challenge Apple’s homegrown silicon in both performance and power efficiency.

Meanwhile, Apple is also reportedly working on new Mac chips, presumably to be called the M2 expected to land as soon as 2023.

The next generation of chips presumably the M2, M2 Pro, and M2 Max will use an enhanced 5nm process, reports The Information.

Apple and chip supplier TSMC are expected to begin production of 3nm chips for use in iPhones and Macs in 2023 with codenames “Ibiza”, “Lobos” and “Palma”.

These 3nm Mac chips are supposedly capable of up to 40 CPU cores — a massive upgrade over the 10-core design used for M1 Pro and M1 Max.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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