Qualcomm dips following reports of AI laptop struggles
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 21 June 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Friday, June 21st. I'm Julie Morgan. |
| 0:13.0 | Qualcomm's processor is not performing as it should. |
| 0:16.7 | Canada is reportedly following in the steps of the US and the EU |
| 0:21.2 | and make sure you're taking an authentic weight loss drug. |
| 0:25.0 | Samsung has a new laptop that is reportedly struggling to run some popular software titles. |
| 0:32.0 | The new Galaxy Book 4 Edge which contains Qualcomm |
| 0:35.0 | processor, runs Microsoft's Windows 11 and include several AI features |
| 0:41.1 | is incompatible with some software and games. |
| 0:45.0 | According to a report by the Wall Street Journal, the laptop is not currently compatible |
| 0:49.6 | to run some Adobe software as well as games such as Fort Knight and League of Legends. |
| 0:55.0 | Qualcomm dipped more than 5% to end the day on Thursday following the report. |
| 1:00.6 | Another report by 9 to 5 Mac found Apple's M3 chip in the Macbook Air was faster and more efficient than the much newer 12 core CPU Qualcomm chips. |
| 1:12.0 | The Galaxy Book 4 Edge went on sale in the US, South Korea, and some other markets on Tuesday. |
| 1:18.0 | Canada is reportedly planning new tariffs on Chinese-made electric vehicle imports in line with the latest |
| 1:25.4 | actions by the US and the European Union. People familiar with the matter told |
| 1:30.4 | Bloomberg that while a final decision is yet to be made the Canadian government is expected to announce public consultations on potential tariffs soon. |
| 1:39.5 | Canada's Prime Minister has been under pressure to follow the lead of the Biden administration, |
| 1:44.4 | which increased tariffs on Chinese EVs to 100%. The EU is planning to provisionally impose additional |
| 1:51.5 | tariffs of up to 38.1% on Chinese TVs next month. |
| 1:56.6 | The Premier of Ontario, Canada, said taking every advantage of low labor standards and dirty energy, China is flooding the market with |
| 2:04.8 | artificially cheap EVs. He said if they don't act fast they're risking |
... |
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