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Story summary
- Edge computing is the next major opportunity in the AI revolution, after Nvidia and data centers.
- It processes tasks on devices like wearables and security cameras, reducing reliance on remote servers.
- The global AI edge computing market is expected to grow nearly 32% annually through 2029.
- Qualcomm (the chipmaker) and Broadcom (the semiconductor company) are positioned to benefit, with Qualcomm's AI-capable Snapdragon processors enabling driver-assistance and factory-optimization applications.
