Qualcomm's Nakul Duggal Says Offloading Data On The Cloud Is Going To Improve Economics, Privacy Concerns And Latency
Portfolio Pulse from Benzinga Newsdesk
Nakul Duggal, an executive at Qualcomm, has stated that offloading data on the cloud will improve economics, address privacy concerns, and reduce latency. This suggests that Qualcomm is focusing on cloud technology to enhance its services.
October 19, 2023 | 3:30 pm
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Qualcomm's focus on cloud technology to improve economics, privacy, and latency could potentially enhance its services and increase its competitiveness in the market.
The statement from Qualcomm's executive suggests that the company is investing in cloud technology to improve its services. This could potentially lead to increased efficiency, better privacy protection, and reduced latency in their services, which could make Qualcomm more competitive in the market. Therefore, this news could have a positive impact on Qualcomm's stock in the short term.
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