Everything ElseQualcomm Stock Surges 15% on Major AI Chip Announcement to Challenge AMD and Nvidia Qualcomm Inc. (QCOM) has made a decisive and aggressive move into the $6.7 trillion AI infrastructure market, announcing next-generation AI accelerator chips designed to directly compete with Nvidia and AMD. The news sent QCOM stock soaring 15%. 0 8 0 October 27, 2025