In a series of recent developments, Qualcomm (NASDAQ:QCOM) is preparing to announce the Snapdragon 8 Gen 3 chipset at the upcoming Snapdragon Summit in Hawaii. The semiconductor giant plans to reveal two versions of the processor, according to leaked email conversations between Qualcomm and its partners, including Samsung (KS:005930). The documents were made public by South Korean blog gamma0burst on Monday.
On Monday, leaked documents allegedly from Qualcomm (NASDAQ:QCOM) hinted at the release of not one, but two variants of the Snapdragon 8 Gen 3 system-on-a-chip (SoC). The tech giant is expected to introduce the flagship chipset next month at the Snapdragon Summit on October 24th.
AMD and Qualcomm may not be growing at the same pace as Nvidia. But investors may have punished these stocks a bit too much.