Qualcomm stock climbs on OpenAI smartphone chip partnership rumors

1 min read
Source: Investing.com
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.

Share this article

Want the full story? Read the original reporting

Read on Investing.com