Reported about 5 hours ago
Qualcomm's shares soared over 13% after the company announced new AI accelerator chips for data centers, the AI200 and AI250, set for release in 2026 and 2027, respectively. This move positions Qualcomm in competition with leading AI chipmakers like Nvidia and AMD, as the demand for AI products continues to rise. The company plans a consistent release schedule for future updates, indicating a commitment to the growing data center chip market.
Source: YAHOO