Big Money Piles into Qualcomm: New AI Chip Breakthroughs Ignite Stock Surge
Qualcomm Rallies on New AI Chips Qualcomm’s share price is on the upswing after a headline-grabbing push into artificial intelligence hardware. On October 27, the San Diego-based chipmaker unveiled two AI accelerator chips (the AI200 and AI250) for cloud data centers, marking its formal challenge to Nvidia in this hot market reuters.com. The new chips – slated to ship in 2026–27 – are optimized for machine learning inference with massive memory capacity and efficiency. Qualcomm even introduced complete accelerator cards and server racks around these chips, touting industry-leading cost-performance for AI workloads uk.investing.com uk.investing.com. This strategic expansion beyond its traditional