Qualcomm to Partner with OpenAI on Smartphone AI Chip Development
Qualcomm's stock rose 12% in premarket trading following reports that it is partnering with OpenAI to develop smartphone processing chips. The collaboration involves MediaTek and Luxshare, with mass production expected in 2028. OpenAI aims to create a smartphone entirely run by AI agents.
Tickers: $QCOM
Topics: AI Corporate Alliances Semiconductor Industry Smartphone Technology