Qualcomm's Answer To Apple Vision Pro: New Platform Promises Next-Gen AR and VR Experiences
Portfolio Pulse from Anusuya Lahiri
Qualcomm Technologies, a subsidiary of Qualcomm Inc (NASDAQ:QCOM), has announced the Snapdragon XR2+ Gen 2 Platform, which offers enhanced visual fidelity for AR and VR experiences. The new platform boasts a 15% higher GPU frequency and a 20% higher CPU frequency compared to its predecessor, supporting 4.3K spatial computing at 90 fps. It can handle 12 or more concurrent cameras for advanced tracking capabilities. Qualcomm collaborates with Samsung and Google to deliver top-tier XR experiences for Galaxy users. QCOM's stock saw a slight decrease of 1.01% in premarket trading.
January 04, 2024 | 2:00 pm
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Qualcomm announced its new Snapdragon XR2+ Gen 2 Platform, promising enhanced AR and VR experiences. The company is collaborating with Samsung and Google, but its shares dropped slightly in premarket trading.
The announcement of the Snapdragon XR2+ Gen 2 Platform indicates a positive development in Qualcomm's product line, which could attract investor interest in the long term. However, the short-term impact is negative as the stock price has decreased by 1.01% in premarket trading, possibly due to market conditions or investor expectations not being met immediately with the announcement.
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