Shares of Qualcomm, Intel and Advanced Micro Devices fell after Nvidia said it was entering the personal-computing market.

By Connor Hart Shares of Qualcomm, Intel and Advanced Micro Devices fell after Nvidia said it was entering the personal-computing market, encroaching on their market share. Qualcomm's stock slid 9.5%, to $227.20, in premarket trading Monday. Shares of Intel and AMD were down 5.7% to $108.19, and 3.5% to $497.91, respectively. The declines came after Nvidia unveiled the first personal laptop computers designed for running artificial-intelligence agents, which use a newly designed version of the company's signature AI chips. The new PCs will be as slim as 14 millimeters, with the lightest weighing less than 3 pounds. To start, Nvidia will work with six manufacturers--Dell Technologies, Lenovo Group, Microsoft, HP, Asus and MSI--to build the laptops. PCs that use the chip will be "targeted at creators, AI developers and gamers" and priced at the premium end of the market, Mark Aevermann, Nvidia's senior director of product development, told The Wall Street Journal. Write to Connor Hart at [email protected] (END) Dow Jones Newswires 06-01-26 0841ET

Physicists at the University of Oxford show they can assemble Schrödinger’s cat-like superpositions from far more exotic quantum ingredients.

Selection marks the next phase of construction on Micron’s New York project, expected to generate 50,000 jobs.

OneAdvanced has launched what it bills as the UK’s first private, sovereign healthcare large language model trained on NHS primary-care data.