Qualcomm Stock Surges After $1 Billion Saudi Arabia AI Datacenter Deal

TLDR Qualcomm revealed AI200 and AI250 datacenter chips set to launch in 2026 and 2027 Stock jumped 15% to $182.23 after the announcement, hitting a 52-week high Company secured 200 MW datacenter deal with Saudi Arabia’s HUMAIN worth approximately $1 billion New chips use LPDDR memory and PCIe technology rather than more advanced HBM and [...]

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