Qualcomm joins the AI race: Is QCOM a must-have stock?
Qualcomm (QCOM) is entering the field of artificial intelligence (AI), a space dominated by Nvidia (NVDA) and Advanced Micro Devices (AMD). Qualcomm, long known as a dominant player in smartphone chips, launched two new AI-focused accelerators aimed at the data center market. The company’s announcement of its AI200 and AI250 accelerators sent its shares soaring…