剑指英伟达？高通杀入AI芯片战场！

Core Viewpoint - Qualcomm has officially entered the AI chip market, launching AI200 and AI250 chips aimed at data centers, challenging industry leaders like NVIDIA and AMD [1][4][5]. Group 1: Product Launch and Specifications - Qualcomm introduced AI200 and AI250 chips, utilizing Qualcomm's Hexagon NPU technology, with commercial availability expected in 2026 and 2027 respectively [4][5]. - The AI200 solution offers a dedicated rack-level AI inference solution with 768 GB LPDDR memory, providing high memory capacity and low total cost of ownership (TCO) [8]. - The AI250 features an innovative near-memory computing architecture, promising over 10 times effective memory bandwidth and lower power consumption, enhancing efficiency for AI inference workloads [8][11]. Group 2: Market Context and Competition - The data center market is projected to see capital expenditures nearing $6.7 trillion by 2030, with a significant portion allocated to AI chip systems [9]. - NVIDIA currently holds over 90% of the AI chip market share, with its sales propelling its market capitalization above $4.5 trillion [9]. - Qualcomm's previous attempt to enter the data center market in 2017 with the Centriq 2400 platform failed due to intense competition and legal issues, but the company is now making a renewed effort [9][10]. Group 3: Financial Performance and Future Outlook - Qualcomm reported third-quarter revenue of $10.4 billion, a 10% year-over-year increase, with GAAP earnings per share rising 29% to $2.43 [11][12]. - The company anticipates fourth-quarter revenue between $10.3 billion and $11.1 billion, with QCT revenue expected between $9 billion and $9.6 billion [12].