NVDA · News · 20261030N

Competition from New Entrants

NVIDIA CORP · 2026-10-30 · Importance 33 · Surprise 42

Qualcomm is expanding into data-center AI accelerators and targeting the inference market currently dominated by NVIDIA. It has secured commercial relationships with HUMAIN, Amazon, and Meta and is aiming for more than $15 billion in data-center AI chip revenue by fiscal 2029. Qualcomm acquired Modular for $3.1 billion to strengthen its software stack, positioning it to challenge NVIDIA’s CUDA ecosystem.

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