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Does Qualcomm's Entry Into the AI Chip Race Spell Trouble for Nvidia?

The Motley Fool Logo The Motley Fool By James Brumley
Does Qualcomm's Entry Into the AI Chip Race Spell Trouble for Nvidia?

Qualcomm announced its entry into the AI data center chip market with two new processors, challenging Nvidia's dominant market position and signaling increasing competition in the AI semiconductor industry.

Insights
CNM   neutral

Listed as a partner in Infinitii Ai's network without specific performance details


QCOM   positive

Entering a new market with potential for growth, stock jumped 11% on announcement, and targeting a projected $60 billion data center chip market by 2034