BMW to Leverage Amazon's Cloud Computing Technology and Qualcomm's Snapdragon Ride Platform For Autonomous Driving Tech In Upcoming EVs
Portfolio Pulse from Benzinga Newsdesk
BMW plans to use Amazon's cloud computing technology and Qualcomm's Snapdragon Ride platform for autonomous driving technology in its upcoming electric vehicles (EVs).
September 06, 2023 | 11:06 am
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POSITIVE IMPACT
Amazon's cloud computing technology will be used by BMW for its upcoming EVs, potentially increasing Amazon's revenue from its cloud services.
BMW's decision to use Amazon's cloud computing technology for its upcoming EVs could lead to an increase in Amazon's revenue from its cloud services. This could potentially have a positive impact on Amazon's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
BMW's decision to use Amazon's cloud computing technology and Qualcomm's Snapdragon Ride platform could enhance the performance of its upcoming EVs, potentially increasing BMW's market share in the EV market.
BMW's decision to use Amazon's cloud computing technology and Qualcomm's Snapdragon Ride platform could enhance the performance of its upcoming EVs. This could potentially increase BMW's market share in the EV market and have a positive impact on BMW's stock price.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Qualcomm's Snapdragon Ride platform will be used by BMW for its upcoming EVs, potentially increasing Qualcomm's revenue from its Snapdragon Ride platform.
BMW's decision to use Qualcomm's Snapdragon Ride platform for its upcoming EVs could lead to an increase in Qualcomm's revenue from its Snapdragon Ride platform. This could potentially have a positive impact on Qualcomm's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70