Overview
- Qualcomm introduced its AI200 and AI250 accelerators for data‑center inference, with AI200 slated for commercial availability in 2026 and AI250 expected in 2027.
- Riyadh‑based Humain agreed to procure 200 MW of Qualcomm AI200/AI250 rack solutions starting in 2026, marking an early large‑scale customer commitment.
- Qualcomm shares hit a new high on Oct. 27, jumping as much as about 21% intraday before closing up roughly 11%.
- Wells Fargo maintained an Underweight rating and a $140 price target, estimating the Humain deployment could represent roughly $2 billion in potential revenue.
- The bank highlighted intensifying competition across rack‑scale inference from Nvidia, AMD and others, noting surprise at Qualcomm’s emphasis on full rack systems.