
Qualcomm (QCOM) is positioning itself to compete in the fast-growing AI data center market, targeting inferencing workloads where enterprises deploy AI models rather than creating them.
CEO Cristiano Amon told CNBC that while Nvidia (NVDA) dominates AI training, Qualcomm sees an opportunity in AI inference, a segment that supports enterprise and consumer applications after AI models are developed. He was speaking at the annual Future Investment Initiative (FII) summit in Riyadh.
“You train on Nvidia, run on Qualcomm,” Amon said, emphasizing that standard software frameworks allow enterprises to deploy models on different hardware without significant barriers. Qualcomm has spent years developing software to support its chips and believes it can create a competitive environment in a space currently supplied by multiple vendors.
“If you have something that is innovative, there's always room for you.”
– Christiano Amon, CEO, Qualcomm
His comments come after Qualcomm launched new chips on Monday, marking its foray into the AI accelerator space.
Get updates to this developing story directly on Stocktwits.<
Read also: Why Did Galaxy Digital Stock Fall After Hours?
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.