Archive · 28 Oct 2025

Qualcomm Stock Jumps 22% After Launching AI Microchips

Qualcomm Stock Jumps 22% After Launching AI Microchips

Qualcomm, a big maker of phone chips, is making a new type of chip for AI, like the ones used in big data centers.

This is because they want to compete with Nvidia, a company that makes these types of chips already.

They hope to get a piece of the AI market, which is growing very fast and has made Nvidia the most valuable company in the world.

Qualcomm's stock jumped because of this news.

They're making the new chips to be energy-efficient and can fit into different kinds of equipment.

They'll start selling them next year.

The first customer is a company in Saudi Arabia, which will start using the chips in 2026.

This move helps Qualcomm to not depend only on selling phone chips.

Sources