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QUALCOMM ANNOUNCES NEW AI CHIPS IN DATA CENTER PUSH, SHARES SURGE

  • NEWS Desk Global
  • 2 hours ago
  • 1 min read

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Qualcomm on Monday unveiled two artificial intelligence chips for data centers that will be available next year, diversifying beyond a stagnant smartphones market and sending its shares up 20%.

The share gain following the news underscores strong enthusiasm for the company's AI bets while the smartphone chipmaker geared up to compete against Nvidia's AI data center heft.

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