Qualcomm shares soar 20% on new AI chip launch

Qualcomm shares soar 20% on new AI chip launch

Shares in Qualcomm were up as much as 20 percent in Monday trading on Wall Street [File] | Photo Credit: REUTERS Shares in U.S. chipmaker Qualcomm skyrocketed on Monday after the company unveiled two new artificial intelligence processors designed for data centres, marking a major push into a market dominated by rivals Nvidia and AMD. […]

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