Qualcomm CEO Cristiano Amon Banks On AI Agents To Create Demand For Tokens Across Phones, PCs, Cars

Qualcomm Inc. (QCOM) CEO Cristiano Amon reportedly said on Thursday that the emergence of AI agents will help the company establish itself in the artificial intelligence segment across all devices it supports.

During an interview with CNBC, Amon highlighted the evolution of the AI industry, which has moved from data centers and foundational models to AI agents that will now help generate demand for tokens.

“In the very beginning, it was about training… you have data centers, create foundational models for AI. Then, as you create those models, you start generating tokens, then you have inference,” Amon said, adding how the inference market evolved differently when compared to the training market.

He stated that the data center market then began to disaggregate, with the focus shifting away from Graphics Processing Units (GPUs) toward Neural Processing Units (NPUs). 

“Now we have something super interesting, which is agents. That is what will actually generate the demand for tokens. And that positions Qualcomm very well, because now it creates an opportunity across devices that we serve today… from phones, personal computers to cars,” Amon said.

A token is a unit of data processed by AI models during training and inference, obtained by breaking larger chunks of information into smaller ones. AI models process these tokens to establish relationships among them and perform reasoning, generation, and prediction.

Qualcomm shares were up nearly 17% in Thursday morning’s trade.

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