Qualcomm shares could continue its rebound. Google has an I/O conference that may include a Nexus 7 announcement. Google is set to select Qualcomm’s APQ8064 quad core processor to power the tablet. Another possibility is that the asynchronously quad core-powered Snapdragon 800 Qualcomm chip will be used. Either way, the I/O event will be good for Qualcomm.
Written by Chris Lau