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Qualcomm Shares Jump as it Unveils Data Center AI Chips

October 31, 2025 at 10:05 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Qualcomm recently announced two new AI chips designed for data centers, marking a major shift from its slowing smartphone business and sparking a 20 percent surge in its stock price. The sharp rise reflected investor confidence in the company’s deepening push into AI, as it prepares to challenge Nvidia’s dominance in data center technology.

Many firms like AI Maverick Intel Inc. (OTC: AIMV) focused on AI are benefiting from the…

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