Qualcomm Soars After Taking Aim at Nvidia With New AI Chips

Bloomberg TechnologyMonday, October 27, 2025 at 2:00:00 PM
Qualcomm Soars After Taking Aim at Nvidia With New AI Chips
Qualcomm Inc. has seen its shares soar to a 15-month high following the launch of new chips and computers designed for the booming AI data center market. This move positions Qualcomm to directly compete with Nvidia, a leader in the industry, highlighting the growing importance of AI technology in today's economy. Investors are optimistic about Qualcomm's potential to capture market share in this fast-evolving sector.
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