In the following video, The Motley Fool's Alison Southwick talks to contributor Tim Beyers about Qualcomm's (NASDAQ:QCOM) new competitive challenge. NVIDIA (NASDAQ:NVDA), a company well known for its very high quality graphics rendering, has just released a chip for the mobile space designed to render graphics at very high speeds. Should Qualcomm, as the big guy in this space, be scared? Tim gives investors what they need to know about the new chip, and its competitive threats.