Qualcomm Shares Surge 20% as Company Unveils New AI Chips for Data Centers
Shares of Qualcomm soared to a 52-week high after the chipmaking giant unveiled two new artificial intelligence (AI) chips designed for data centers — marking a major step in the company’s expansion beyond its traditional smartphone business. The company announced the launch of the AI200 and AI250 chips on Monday, both built to deliver enhanced…
