Qualcomm’s unveiling of the new Snapdragon X laptop processor is a significant development in the competitive market for computer processors, as it aims to outperform rival products from Intel and Apple. The chip features 12 high-performance cores and claims to be twice as fast as a similar 12-core processor from Intel while using 68% less power. This announcement comes at a time when other companies like Nvidia and Advanced Micro Devices are also working on their own processors using Arm technology, indicating the growing competition in this space.