Qualcomm stock climbs on OpenAI smartphone chip partnership rumors
TL;DR
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.
- Qualcomm shares jump 13% premarket on report of OpenAI smartphone chip partnership Investing.com
- Qualcomm jumps 12% on report it’s partnering with OpenAI on smartphone AI chip CNBC
- Qualcomm surges on report of OpenAI tie-up for AI smartphone processors Reuters
- Qualcomm Surges Premarket on Report of OpenAI Smartphone Chip Collaboration Yahoo Finance
- US Premarket Movers for April 27, 2026 Bloomberg.com
Want the full story? Read the original reporting
Read on Investing.com