Qualcomm is tipped to be creating a new, dedicated smartwatch chip to create more powerful and longer lasting wearables, codenamed SW6100 or ‘Aspena’, highlighting a renewed interest in the space.

Qualcomm will host its Snapdragon XR Day on July 21 in New Delhi, showcasing developments in extended reality (XR) technologies including AR, VR, and MR.

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This was the stock's fourth consecutive day of losses.

Qualcomm is working on a new Snapdragon wearable chip, which has been codenamed Aspen, and could have a model number SW6100.