Qualcomm and Stellantis expanded their multi-year partnership to integrate Snapdragon Digital Chassis and Ride Pilot platforms. The deal will deploy these technologies across millions of next-generation vehicles to enable Level 2+ automated driving. Qualcomm also signed a non-binding letter of intent to acquire the Stellantis-owned self-driving startup aiMotive.
The company introduced its new Snapdragon X2 Series processors for AI-enabled Windows PCs. These chips feature advanced on-device artificial intelligence and improved battery efficiency.
Qualcomm's stock rose 5.38% on Thursday. Investors reacted favorably to the company's diversification into automotive technology and the AI PC market.