Qualcomm announces AI chips to compete with AMD and Nvidia

Qualcomm press release: https://www.qualcomm.com/news/releases/2025/10/qualcomm-unve...

there is very little detail about chips and they are poised to be available in 2027-28 so almost 2 years from now

Maybe sinking tons of money into chips and data centers was a bad idea.

Qualcomm shares are up 10% on the news.