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Qualcomm stock climbs on OpenAI smartphone chip partnership rumors

1 min read
Source: Investing.com
TL;DR Summary

Qualcomm shares jumped about 13% in premarket trading after analyst notes suggested OpenAI is partnering with Qualcomm and MediaTek to develop AI-focused smartphone processors, with Luxshare as the exclusive system co-design/manufacturing partner and mass production targeted for 2028, signaling a potential long-term AI upgrade cycle for mobile chips.

Topics:business#chip#markets#openai#partnership#qualcomm#smartphone
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  1. Qualcomm shares jump 13% premarket on report of OpenAI smartphone chip partnership  Investing.com
  2. Qualcomm jumps 12% on report it’s partnering with OpenAI on smartphone AI chip  CNBC
  3. Qualcomm surges on report of OpenAI tie-up for AI smartphone processors  Reuters
  4. Qualcomm Surges Premarket on Report of OpenAI Smartphone Chip Collaboration  Yahoo Finance
  5. US Premarket Movers for April 27, 2026  Bloomberg.com

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