On October 27th, which was a Monday, Qualcomm (QCOM.O) made a significant announcement—the launch of two cutting-edge artificial intelligence chips tailored for data centers. These chips are slated for commercial availability starting next year. This strategic move underscores Qualcomm's commitment to diversifying its business portfolio, transcending the limitations of the smartphone market, and tapping into the burgeoning AI infrastructure sector. The market responded enthusiastically, with Qualcomm's stock price soaring by 20% on the day of the announcement.

The two newly introduced chips, dubbed AI200 and AI250, are engineered to bolster memory capacity and streamline AI application performance. Their anticipated market debuts are scheduled for 2026 and 2027, respectively. At present, amidst fierce competition among cloud service providers, chip manufacturers, and enterprises to construct infrastructure capable of supporting large language models, chatbots, and generative AI tools, global investment in AI chips has witnessed a substantial uptick. Nevertheless, the current AI craze continues to be predominantly fueled by NVIDIA (NVDA.O) chips.