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Qualcomm (QCOM.US) Reportedly Partners with OpenAI to Develop AI Smartphone Chips, Shares Surge 9% Pre-market
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Shares of Qualcomm (QCOM.US) rose 9% before the US market open on Monday, after reports said the company is collaborating with OpenAI to develop smartphone chips. Ming-Chi Kuo, an analyst at TF International Securities, said on social platform X on Monday that Qualcomm will jointly develop the relevant chips with MediaTek, with Chinese manufacturer Luxshare Precision (002475.SZ) participating in the design and production. Mass production is expected to begin as early as 2028. (me/t) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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