The release of computer processors, developed under the leadership of Qualcomm Nuvia startup, whose founders participated in the creation of the Apple M1, does not seem to take place until next year. Qualcomm acquired the Arm chip design team in early 2021, and samples of the new processors are now expected to be available as early as 2022, but will not appear in commercial products until 2023.
During a recent speech by Qualcomm representatives sharing earnings forecasts for the company in the second quarter of 2022, the head of the company, Cristiano Amon, also spoke about the company’s plans for the laptop processor market.
According to Amon, the company has worked with Microsoft for many years and with the release of Windows 11; the first 64-bit solution is ready for commercial and, in particular, corporate use. During the quarter, a Snapdragon 8cx Gen 3-powered enterprise ThinkPad laptop was jointly released with Lenovo. The next step, according to Amon, will be a processor by the Nuvia team; which will be commercially available in late 2023. He did not specify whether it is only about the appearance of a sample for manufacturers or a wide release of the product.
However, Qualcomm representatives confirm in a letter that the roadmap was for investors in November last year. Technical Dr. James Thompson is known to have literally stated in November that “we’ll be showing samples of the product in nine months from now or something”.
Qualcomm promised to release powerful computer processors in 2023
If Thompson’s schedule is accurate enough, the first samples will appear around August 2022, with commercial products really in 2023. To begin with, trial chips will need to be delivered to computer manufacturers, after which they will develop; and, finally, supply finished laptops.
During the speech, Amon twice stressed that Qualcomm is no longer a “communications” company; instead it has become “a leading manufacturer of connected processors . ” Earlier, there were reports that the company intends to create a laptop processor that can match the performance of the Apple M1.
In a seperate news, The first three months of this year allowed Qualcomm to beat analysts’ expectations on key financial indicators; and management also expects revenue from sales of smartphone components to grow by 50% over the full year; as Samsung will actively use Snapdragon processors. A drawdown in demand is possible in the segment of low-cost smartphones, but Qualcomm depends on it minimally.
Qualcomm’s revenue in the last quarter grew by 41% to $11.16 billion; although analysts had expected no more than $10.6 billion. The supply of components for mobile devices brought the company $9.55 billion in revenue; which is 52% more than the results of the same period last year. Investors expected that this figure in the last quarter would not exceed $8.86 billion. Technology licensing brought Qualcomm 2% less revenue than a year earlier – only $1.58 billion; but this is still more than the $1.55 billion predicted by analysts. In the quarter, the company expects to generate $10.9 billion versus $9.98 billion expected by investors.