Qualcomm Challenges Nvidia in AI Chip Market

At an investor event, Qualcomm unveiled new lines of AI accelerators and CPUs as part of CEO Cristiano Amon’s strategy to challenge Nvidia's dominance in data center AI chips. The company forecasted $15 billion annually from AI components by fiscal 2029.

By Phil Wahba Sat, June 27, 2026 at 10:00 AM GMT+3 4 min read · Yahoo Finance · June 27, 2026, 07:00 UTC

Qualcomm Challenges Nvidia in AI Chip Market

Tickers: $NVDA $QCOM

Topics: AI chips data centers Nvidia competition Qualcomm strategy

Read the full article at Yahoo Finance

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