Qualcomm stock spikes more than 20% as company enters AI chip race, taking on Nvidia, AMD

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Qualcomm stock spikes more than 20% as company enters AI chip race, taking on Nvidia, AMD

finance.yahoo.com/news/qualcomm-stock-spikes-more-than-20-as-company-enters-ai-chip-race-taking-on-nvidia-amd-140024616.html

shares soared more than 20% Monday as the company announced it is diving into the data center with the launch of its new AI200 and AI250 chips and rack-scale server offerings.
The move puts Qualcomm into direct competition with the likes of Nvidia (NVDA) and AMD (AMD), as the company…

This story appeared on finance.yahoo.com, 2025-10-27 14:00:24.