Qualcomm, a company synonymous with mobile technology, is making a major pivot into the AI data center market. The company is directly challenging Nvidia's dominance with two new chips, the AI200 and AI250, designed for high-performance AI inference. This new strategy hedges its bets with a pragmatic 2026 chip focused on large, cost-effective memory , and a more ambitious 2027 model aiming to dramatically increase memory bandwidth.