Qualcomm Launches New Line of AI Data Center Chips, Competing with Nvidia
Qualcomm has introduced a new line of AI data center chips and systems to expand its presence in the AI market. The company announced partnerships with Microsoft and Meta for its Dragonfly C1000 CPU and aims to compete more directly with rivals like Nvidia by acquiring Modular, an AI software firm.
Tickers: $META $MSFT $NVDA $QCOM
Topics: acquisition AI data center chips competition with Nvidia product launch