financetom
Business
financetom
/
Business
/
Google to launch own processor for upcoming Pixel phones
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google to launch own processor for upcoming Pixel phones
Aug 3, 2021 6:51 AM

Alphabet Inc's Google will use processors designed in-house for its new Pixel phones launching later this fall, in a shift away from Qualcomm Inc's technology that has powered the tech giant's Android devices for more than 15 years.

The processor, called Tensor, will power the Pixel 6 and Pixel 6 Pro phones, Google said in a blog post, with the company set to disclose more details closer to the release.

Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading.

"We will continue to work closely with Google on existing and future products based on Snapdragon platforms," a Qualcomm spokesperson said in a statement.

Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Step Energy Services Posts Q2 Profit and Revenue Beats, Optimistic For 2025
Step Energy Services Posts Q2 Profit and Revenue Beats, Optimistic For 2025
Aug 6, 2024
04:34 PM EDT, 08/06/2024 (MT Newswires) -- Step Energy Services ( SNVVF ) on Tuesday reported better than expected earnings for the second quarter, on better than expected revenues, and said it sees a constructive backdrop forming for 2025. The oilfield-services company said its second-quarter profit fell 31% to $10.47 million, or $0.14 per share, down from $15.27 million. or...
Super Micro forecasts first-quarter revenue above estimates, unveils stock split
Super Micro forecasts first-quarter revenue above estimates, unveils stock split
Aug 6, 2024
Aug 6 (Reuters) - Super Micro Computer ( SMCI ) forecast first-quarter revenue above analysts' estimates on Tuesday and announced a 10-for-1 stock split following a rally in its shares as Wall Street bets heavily on the future of generative AI technology. Shares of the San Jose, California-based company surged 12% in extended trading. AI front-runner Nvidia's shares rose 4%...
Rivian Automotive Q2 Loss Widens, Revenue Increases
Rivian Automotive Q2 Loss Widens, Revenue Increases
Aug 6, 2024
04:33 PM EDT, 08/06/2024 (MT Newswires) -- Rivian Automotive ( RIVN ) reported a Q2 loss Tuesday of $1.46 per diluted share, wider than a loss of $1.27 a year earlier. Analysts polled by Capital IQ expected a loss of $1.41. Revenue for the quarter ended June 30 was $1.16 billion, up from $1.12 billion a year earlier. Analysts surveyed...
--Airbnb Repurchases $749 Million Class A Shares in Q2 Under $6 Billion Buyback Program Set in February
--Airbnb Repurchases $749 Million Class A Shares in Q2 Under $6 Billion Buyback Program Set in February
Aug 6, 2024
04:32 PM EDT, 08/06/2024 (MT Newswires) -- Price: 113.00, Change: -17.47, Percent Change: -13.39 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved