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Nvidia: U.S. government to allow chip ‘development’ despite export ban, analyst says

KeyBanc Capital Markets Equity Research Analyst John Vinh joins Yahoo Finance Live to discuss Broadcom earnings, chip stocks, supply chain issues, U.S. government banning the export of chips to China, and the outlook for the space. Read More...

Reuters

Meta, Qualcomm sign pact on custom virtual reality chips

(Reuters) -Meta Platforms Inc signed an agreement to have chip-maker Qualcomm Inc produce custom chipsets for its Quest virtual reality (VR) devices, the companies announced at a consumer electronics conference in Berlin on Friday. Engineering and product teams of both companies will work together to produce the chips, powered by Qualcomm’s Snapdragon platforms, they said in a statement. The agreement shows the dependency of Meta, known as Facebook until last year, on Qualcomm’s technology even as it tries to develop custom silicon of its own for its virtual, augmented and mixed reality devices.

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