Qualcomm: Arduino acquisition is a smart move for the edge strategy

Qualcomm (QCOM) is deliberately advancing its diversification strategy to bring artificial intelligence to the edge of networks and become less dependent on the smartphone business. The acquisition of Arduino is a smart move, as Qualcomm chips have been sold in large quantities and are now made available to over 33 million developers for prototyping with the new Arduino UNO Q. Dragonwing processors enable the community to implement modern AI use cases in smart home, industrial automation, and robotics for the first time. Chip sales could benefit...