Qualcomm says Microsoft, Meta will use its new AI chips

Qualcomm said on Wednesday that Microsoft and Meta Platforms will use its new AI chips and that it will make custom chips for two other unnamed “hyperscalers.”

The San Diego-based company, which is the industry leader in smartphone chips, held an investor presentation to showcase its move into supplying AI chips for data centers as it tries to gain a foothold in a market dominated by Nvidia.