US Stock Market Move | Qualcomm (QCOM.US) rose 2% after launching two Dragonwing processors to expand the edge AI market.

On Wednesday, Qualcomm (QCOM.US) rose by 2%, reaching $169.96. In terms of news, on September 1 local time, Qualcomm Technologies announced the launch of the Qualcomm DragonwingTM2390 and IQ-2390 processors, which expand the Dragonwing product lineup with a highly integrated platform, aimed at making intelligent edge computing capabilities more accessible in consumer, commercial, and industrial sectors. As the market demand for devices that can perceive, analyze data, and take action locally continues to grow, the Dragonwing Q-2390 and IQ-2390 processors are designed to bring AI, vision, connectivity, and security to a broader range of connected devices, helping to drive the next wave of intelligence in homes, businesses, cities, and factories.