Nvidia stock wavered on a report that Amazon has halted orders of Nvidia's current data center processors to wait for a more powerful model later this year.
If the new generation of PCs does what's promised, that's great news for Microsoft, Arm, and Qualcomm—and potentially a body blow for Apple and Intel.
Microsoft and other makers of Windows PCs announced new laptops Monday that are designed to natively handle artificial-intelligence features. Chips from Qualcomm will power them all. The news boosted Qualcomm shares by 2% on Monday, to a record close of $197.76.