Qualcomm Launches AI Chips Amid Industry Competition and Market Surge
TL;DR Summary
Qualcomm announced a new line of AI chips and a major deal with a Saudi-backed AI company, marking its entry into the AI data center market and causing its stock to rise significantly.
- Qualcomm Unveils New Line of Chips to Join the A.I. Boom The New York Times
- Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 11% CNBC
- Nvidia Inches Higher. What Qualcomm’s AI Chip Entry Means for the Stock. Barron's
- Qualcomm CEO warns that ‘everybody’s playing to win’ when it comes to an AI bubble—but it’s too early to call winners Fortune
- Qualcomm announces new AI chips in data center push, shares surge Reuters
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