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Artificial intelligence is the talk of the World Economic Forum in Davos, Switzerland. Qualcomm (QCOM) CEO Cristiano Amon joins Yahoo Finance’s Julie Hyman and Brian Sozzi to discuss the state of the semiconductor sector given the surge in AI demand. Amon notes that “’23 [2023} has been the year of correction” for the smartphone chip sector, but he remains “cautiously optimistic,” about what could happen in 2024. Amon believes that generative AI is “one of the most exciting things” for the company as it starts to diversify and grow its business. One challenge that Amon predicts is manufacturing capacity to meet growing demand for chips, including those for AI. ”We’re going to have to double the total capacity of manufacturing of chips before the end of the decade," he says. This interview is part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year. #youtube #stockmarket #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X: / yahoofinance Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook: / yahoofinance LinkedIn: / yahoo-finance