CNBC

The House passed a bill meant to protect consumers from higher electricity rates caused by data centers in one of its final votes before the midterms. The bill passed under a procedure that fast-tracks noncontroversial legislation and requires a two-thirds majority vote.

Qualcomm is working on over 40 designs of new AI devices, CEO Cristiano Amon told CNBC, as the chip designer prepares for a wave of “agents” across consumer electronics. Amon laid out his views on the changing role of smartphones and apps, why smart glasses could be the next major consumer device, new types of electronics that will hit the market, and how chip architectures will need to change for even smaller gadgets.