Qualcomm soars after taking aim at Nvidia with new AI chips

Source: Tech – South China Morning PostQualcomm shares rose to their highest price in 15 months after the company unveiled chips and computers for the lucrative AI data centre market, aiming to challenge Nvidia in the fastest growing part of the industry.
The company’s new AI200 line-up will start shipping next year, Qualcomm said on Monday. The first customer will be Saudi Arabia’s AI start-up Humain, which plans to deploy 200 megawatts’ worth of computing systems based on the chips starting in 2026.
Qualcomm is trying to break into…Read More

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