+ Annual discretionary bonus + Annual RSU grants + Housing stipend
The internship includes remote and on-site customer support worldwide.
Qualcomm designs and licenses semiconductor technologies for wireless connectivity used in mobile devices, cars, and IoT. Its products include system-on-chips and RF components, plus a large portfolio of patents that it licenses to other companies. The company combines end-to-end semiconductor design with IP licensing to serve mobile, automotive, and IoT markets. Its goal is to expand wireless technology adoption by delivering standards-based silicon solutions and monetizing its intellectual property to support ongoing connectivity innovation.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Diego, California
Founded
1985
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Flexible time off
Parental leave
Qualcomm unveiled its Snapdragon 8 Elite Gen 6 chips on 22 September for premium Android phones. The chips are built on Taiwan Semiconductor Manufacturing Co.'s 2-nanometer process and optimised for on-device AI. The chips combine a central processing unit, graphics processing unit, and neural processing unit. Qualcomm said the Snapdragon 8 Elite Extreme Gen 6 can run models with 30 billion parameters and includes security controls for agentic access to sensitive data. The chips will appear in premium smartphones from Motorola, Xiaomi, and ZTE. The launch comes as phone brands increasingly rely on higher-priced models during a market downturn. Counterpoint forecasts smartphone shipments will fall 14% in 2026 and another 1% in 2027.
Qualcomm shares rose 2% as the company opened its Snapdragon Summit and unveiled two new flagship mobile platforms. CFO Akash Palkhiwala said the event focused on bringing Qualcomm's technology into hundreds of millions of devices over the next few years, with a major emphasis on "agentic AI." The announcement came during the company's annual Snapdragon Summit, where Qualcomm traditionally showcases its latest mobile processors and technologies. The new platforms are designed to expand Qualcomm's reach across the mobile device market whilst integrating advanced artificial intelligence capabilities.
Qualcomm unveiled its Snapdragon 8 Elite Gen 6 chipsets for Android phones, designed for on-device artificial intelligence processing. The chips, built on a 2-nanometer manufacturing process, will feature in premium smartphones from Motorola, Xiaomi, and ZTE. The launch occurs as the smartphone industry faces a contraction, with the market expected to shrink 14% in 2026 due to rising memory costs. Qualcomm is positioning devices with its high-end chips as "AI hubs" capable of processing AI models without cloud reliance. The chipsets include a CPU, GPU, and neural processing unit for AI workloads. Qualcomm CEO Cristiano Amon described a shift from "phone-centric" to "agentic-centric" models. The Extreme version can run models with 30 billion parameters.
Astera Labs specialises in high-speed data centre connectivity for AI infrastructure, whilst Qualcomm dominates the smartphone chipset market and is expanding into automotive technology. Astera reported fiscal 2025 revenue of $852.5 million, up 115.1% year-over-year, with net income of $219.1 million and a 25.7% net margin. The company carries no debt and generated nearly $281.8 million in free cash flow. Qualcomm posted fiscal 2025 revenue of approximately $44.3 billion, growing 13.7% annually. Net income reached $5.5 billion, though net margin contracted to 12.5% from 26% due to a one-time $5.7 billion tax charge. Both companies face concentration risk, with Astera's top customer representing over 70% of revenue and Qualcomm dependent on Apple and Xiaomi. Qualcomm trades at lower valuation multiples but faces near-term headwinds in its smartphone business, whilst Astera commands a growth premium.
The ASUS Ascent QN10 mini PC features a Snapdragon X2 Elite processor and starts at $1,349. ASUS has launched the Ascent QN10 mini PC, which focuses on local AI processing. The computer features a compact 0.7-liter case and a Snapdragon processor. It competes with the HP OmniDesk Mini and Lenovo Yoga Mini, which use Intel Panther Lake processors. ASUS chose the Qualcomm platform, which gives it advantages in certain tasks. FX's television adaptation of the popular video game series Far Cry continues to actively assemble its cast. The first season's cast... Top news. September 18, 2026