1. Qualcomm introduces the Snapdragon 7s Gen 3 processor for budget-friendly smartphones with enhanced AI capabilities; 2. The new chip features an 8-core Kryo CPU, Adreno GPU, and Hexagon NPU, offering improved performance and efficiency; 3. Compared to its predecessor, the Snapdragon 7s Gen 2, it boasts a 20% increase in CPU performance, up to 40% improvement in GPU, over 30% boost in AI performance, and a 12% reduction in overall power consumption.