Qualcomm has a higher market value than Intel
For some time Intel considers his biggest rival Qualcomm , the largest manufacturer of ARM SoCs in the industry , but ironically since yesterday could consider that is the opposite, because qualcomm has a higher market Value than Intel.
Paul E. Jacobs, CEO of Qualcomm, announced that for the first time your company has a higher market value than Intel, thanks to a 7.1% increase in the value of their shares, which catapult its market value to $106 billion ( intel has a value of $105 billion, a result of the collapse of 14% in the value of Intel stock so far this year).
Strong global demand in the smartphone market is the main driver for Qualcomm privileged position in the industry, and this trend is expected to grow further in the coming years, so Qualcomm recently made agreements with other manufacturers semiconductor industry (other than TSMC) to increase its production volume and meet the high demand for their products.
Link: Qualcomm Passes Intel in market value (Qualcomm)Tags: Actions, arm, bursatil, exceeds, intel, Jacobs, market, Paul E., pc, qualcomm, smartphones, soc, Tablet, Value