Read Why Qualcomm Failed To Mark AI Chip Debut With Meta
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  • Leading mobile phone processor supplier Qualcomm Inc QCOM looked to tap its energy efficiency expertise to break into the fast-growing market for the artificial intelligence chips used in data centers in 2019, the Information reports.
  • Qualcomm wooed Meta Platforms Inc FB to make Facebook’s owner the flagship customer for Qualcomm’s first AI data center chip, the AI 100. 
  • After Qualcomm released the chip in the fall of 2020, Meta tested it against a range of alternatives, including the chips Meta has been using and a specialized chip Meta developed internally to handle AI computing work. 
  • Qualcomm’s chip performed well, posting the best performance per watt of electricity. 
  • However, by 2021 spring, Meta had declined to use Qualcomm’s chip. 
  • Meta questioned whether the software that accompanied the chip was mature enough to wring the best performance from the chip on future tasks. 
  • Meta decided to stick with its existing chips as it evaluated its options.
  • Price Action: QCOM shares closed higher by 0.06% at $152.82 on the last check Thursday.
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