Huawei vs NVIDIA

Qualcomm stock falls 7% on weak forecast

Qualcomm reported quarterly results that beat Wall Street estimates, but issued a weaker-than-expected earnings forecast for the current quarter, causing shares to drop 7% in extended trading. The company faces a challenging smartphone market, with handset chip sales falling 26% to $5.14 billion, as rising memory costs push device prices up and hurt demand. Adjusted revenue declined 7% year-over-year. However, Qualcomm is diversifying into AI data center infrastructure, reporting $650 million in data center revenue and expecting $5 billion in fiscal 2027. The automotive division saw strong growth, with revenue up 89% to $1.99 billion. Qualcomm also announced a deal with SpaceX to provide technology for its cellular network, and renewed licensing agreements with Apple, Huawei, and Transsion.

• Qualcomm's adjusted EPS came in at $2.17, beating estimates of $2.16, while revenue of $10.44 billion also topped expectations.
• The company issued a weaker-than-expected forecast for the current quarter, with EPS between $2.15 and $2.35 and revenue of $10.4 billion to $11.2 billion.
• Handset chip sales fell 26% year-over-year to $5.14 billion, missing StreetAccount estimates.

Huawei Launches Industry O&M Solutions

At HUAWEI CONNECT 2026 in Shanghai, Huawei introduced a suite of industry-specific operations and maintenance (O&M) solutions. The announcement highlights the role of agentic AI in redefining O&M paradigms. Four upgraded solutions were unveiled: Smart NOS 5.0 for network fault resolution, Exclusive Government Service 3.0 for cloud-based e-government challenges, Power Specific Service 3.0, and Transportation Specific Service 3.0. These solutions leverage digital twins, domain-specific models, and human-agent collaboration to improve operational reliability and efficiency. The company also launched the O&M Agent Research Report initiative to foster ecosystem development and digital transformation across industries. Key metrics include 80% autonomous resolution of deterministic faults, 50% reduction in hidden risk incidents, and improved fault localization times.

• Huawei launched four upgraded O&M solutions: Smart NOS 5.0, Exclusive Government Service 3.0, Power Specific Service 3.0, and Transportation Specific Service 3.0.
• The solutions are built on the MindOps platform with agentic AI.
• Smart NOS 5.0 resolves 80% of deterministic faults autonomously.

Moye Interactive Discusses Gods and Demons Global Expansion

Moye Interactive Entertainment, under the Xiaoxi Technology Group, is rolling out its idle hero-collection game Gods and Demons across Google Play, the App Store, and Huawei's AppGallery. In an interview with PocketGamer.biz, Xiao Han, head of publishing, detailed the game's design philosophy balancing idle progression with strategic depth, the importance of multi-store distribution for global reach, and the operational advantages of Huawei's ecosystem. Closed beta results showed 1,421 new players and a day-one retention of 41.93% against a 35% benchmark. The company highlighted Huawei's technical support, AppGallery Connect tools, and device penetration in emerging markets as key enablers for entering cost-prohibitive regions. The interview offers insights into cross-platform development, SDK integration, and user acquisition strategies.

• Moye Interactive Entertainment is launching Gods and Demons on Google Play, App Store, and Huawei AppGallery.
• Closed beta attracted 1,421 new players with a day-one retention of 41.93% against a 35% benchmark.
• Huawei's AppGallery provided engineering support, cloud testing, and AppGallery Connect tools for cross-platform integration.

Post-Midterms Clash Over Data Centers Looms

Following the November 3 midterm elections, Democrats gained control of Congress, setting up a political clash with the Republican White House over data center construction. Exit polls show widespread voter opposition to AI data centers, with nearly 80% against building them in their neighborhoods. Several states and counties voted to restrict or ban data centers, including Ohio where Meta planned a large facility. Democrats, now controlling Congress, may pursue legislation like a nationwide moratorium proposed by Sanders and Ocasio-Cortez, as well as the GRID Savings Act. Industry analysts predict construction delays in states like Georgia and Texas due to political opposition. The backlash reflects broader concerns about AI's environmental impact, community consent, and economic inequality, with data centers becoming a symbol of tech power.

• Democrats gained control of Congress in the November 3, 2026 midterm elections.
• NBC exit poll: nearly 80% of voters oppose data centers in their neighborhoods.
• Ohio county passed a ban on data centers where Meta planned a 700,000 sq ft facility.

AI Is Changing How Semiconductor Fabs Work — and Engineers Are Moving Faster Because of It

NVIDIA blog post published November 03, 2026, discussing how AI is transforming semiconductor fabrication processes.

AI Bubble Will Burst, Says Doctorow: Buy at 90% Off

In an interview with Trending Topics, Cory Doctorow, a prominent Big Tech critic, argues that the current AI boom is a speculative bubble with poor unit economics that worsen with scale, predicting severe economic and social consequences. He criticizes Anthropic's upcoming IPO, comparing it to Elon Musk's SpaceX listing, which he says used retail investors as exit liquidity. Doctorow advises Europe against building its own AI models, instead recommending waiting for the bubble to burst and buying infrastructure at a discount, or using Chinese models. He advocates for 'tearing down the walls' of digital sovereignty, calling for changes to the Copyright Directive to allow data portability from US clouds and for legal iPhone jailbreaking to permit alternative app stores. He also views protests against data centers as part of an anti-oligarchy movement, and notes the US may already be in a recession without AI, citing Apollo Capital's analysis.

• Cory Doctorow predicts the AI bubble will burst, citing poor unit economics and recommending Europe to wait and buy assets at a discount.
• Anthropic is planning an IPO, which Doctorow criticizes as risky for retail investors, comparing it to SpaceX's listing.
• He claims 35% of the S&P 500 is made up of seven AI companies, six of which lose money, with Nvidia being the exception.