Qualcomm stock jumped 11.09% after announcing the launch of new artificial-intelligence accelerator chips, dubbed AI200 and AI250, set to ship in 2024 and 2027 respectively. The AI chips will be available as standalone components or cards for integration into existing machines, rivaling Nvidia’s offerings.
Source: https://www.wsj.com/tech/qualcomm-stock-surges-on-ai-chip-launch-cc7a4590