Qualcomm has entered the bidding war for automotive technology company Veoneer following a $3.8 billion bid by Magna International to buy the Swedish firm.
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Nvidia said gaming revenue increased 106% from a year ago to $2.76 billion.
The Armv9 roadmap is the company's first new compute architecture in 10 years.
Qualcomm plans to integrate Nuvia's CPUs across its entire portfolio of products.
After weeks of speculation, AMD confirmed Tuesday that it will acquire programmable chip maker Xilinx in an all-stock deal valued at $35 billion.
Nvidia is holding its virtual GTC 2020 event this week, where it unveil its latest batch of technology focused on the areas of graphics, AI, enterprise and edge computing, robotics, and remote collaboration.
The new Cortex-A78AE CPU is Arm's answer for the automotive and industrial sector's next-gen compute needs.
The new TOP500 supercomputers list dropped on Monday and both Nvidia and AMD are touting momentum in the HPC market.
Qualcomm said the coronavirus pandemic caused a 21% reduction in demand for 3G, 4G and 5G handsets compared to previous expectations.
Nvidia said it expects Q1 revenue of $3 billion, plus or minus two percent, above market estimates for $2.85 billion in revenue.