Today's Edition
SAN FRANCISCO (AFP)
Shares in US 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 Nvidia and AMD.
Qualcomm said the AI200 and AI250 chips were optimised for AI inference -- the process of running already-trained AI models to generate responses -- rather than the training phase that requires more computing power and is dominated by Nvidia's powerful GPUs.
Shares in Qualcomm were up as much as 20 percent in Monday trading on Wall Street.
The San Diego-based company is best known for smartphone and personal computer processors, and is venturing into new territory with the release.
Qualcomm said the AI200, slated for commercial release in 2026, offers 768 gigabytes of memory per card, and uses direct liquid cooling to manage heat in densely packed server racks that each consume up to 160 kilowatts.
The company said the AI250, expected in 2027, would be ten times more effective in memory bandwidth than current products on the market while consuming less power.
Nvidia currently dominates the AI chip market, driven by its H100 and newer H200 GPU accelerators used in training and running AI models in massive purpose-built data centres. AMD is the second-largest player at the moment.
Both companies have recently entered into arrangements with OpenAI, the creator of ChatGPT, as the industry seeks to ramp up the massive infrastructure needed to support the AI frenzy.
Companies are reaping massive rewards for their connection to the AI bonanza. AMD's shares rose 35 percent on the day of its announcement with OpenAI, the world's most valuable private company, worth $500 billion.
