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This AI Stock Makes Big Move to Challenge Nvidia Data Center Dominance

Investing.com Logo Investing.com By Dave Kovaleski
This AI Stock Makes Big Move to Challenge Nvidia Data Center Dominance

Qualcomm introduced new AI200 and AI250 chip-based accelerator cards for data centers, aiming to challenge Nvidia's market dominance by offering more cost-efficient AI inference solutions. The company secured a deal with Humain for 200 MW of rack solutions, with products expected to be commercially available in 2026-2027.

Insights
QCOM   positive

Stock jumped 16%, introduced innovative AI data center solutions, secured major client deal, and positioned to challenge market leader