3 Reasons Qualcomm's New Snapdragon Chip Didn't Impress Investors

Qualcomm (NASDAQ: QCOM) recently upgraded its most powerful mobile chipset, the Snapdragon 888, with a "Plus" version that increases its clock speed by 5% to nearly 3.0 GHz and boosts its AI processing power by about 20%. Its GPU speed will remain unchanged.

Qualcomm revealed the 888 Plus at this year's Mobile World Congress in Barcelona, and said the chipset will start powering higher-end phones from ASUS, Honor, Lenovo's Motorola, Vivo, and Xiaomi (OTC: XIACF) in the second half of 2021.

Image source: Qualcomm.

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Source Fool.com