Nvidia's announced entry into the PC chip market sent shares of AMD, Intel and Qualcomm lower as Wall Street recognized the threat.

The new line of Windows laptops and desktops will be the first ever to run solely on an Nvidia-made chip, the RTX Spark, as the AI giant looks to take on rivals Intel and AMD.

Nvidia CEO Jensen Huang is expected to use his Computex keynote to highlight the company's AI strategy, new chips and Taiwan expansion plans.

Nvidia launches RTX Spark Superchip for Windows laptops, challenging Intel and AMD with advanced AI capabilities and power efficiency.

Tech company says PCs will be able to run large AI models securely using its technology