Qualcomm

AI is moving off the cloud and onto the devices in your pocket, on your wrist, and in your car. Qualcomm, long synonymous with smartphone chips, wants to power that next phase. The company now makes processors for PCs, cars, smartwatches, smart glasses, and, as of late 2025, data centers, and it is threading AI capabilities through all of them. Its Snapdragon Wear Elite chip for smartwatches, unveiled in March, brings a dedicated neural processor to the wrist. Its AI200 accelerator, shipping later this year, takes the same inference architecture into the server rack. The ambition is to move more AI processing onto the device itself, rather than sending every task back to the cloud. Its smart glasses offer a glimpse of what’s next: lightweight AI assistants that can process voice and visual input locally. "As the world is changing, our technology becomes more relevant to more people and more industries," says CFO and COO Akash Palkhiwala. "The DNA of the company has already evolved."