Qualcomm Soars After Taking Aim at Nvidia With New AI Chips

Bloomberg TechnologyMonday, October 27, 2025 at 2:00:00 PM
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Qualcomm Soars After Taking Aim at Nvidia With New AI Chips
Qualcomm Inc. has launched a new line of chips and computers targeting the booming AI data center market, which has led to a significant surge in its stock prices, marking the company's largest rally since 2019. This move is particularly important as it positions Qualcomm to compete directly with Nvidia Corp., a leader in the AI sector, highlighting the growing competition and innovation in the tech industry.
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