Qualcomm Stock Rises on Report of AI Chip Collaboration with OpenAI

Qualcomm's stock surged over 11% following a report that OpenAI is collaborating with Qualcomm and MediaTek on smartphone processors. The news highlights potential growth in AI-driven mobile chips and reinforces Qualcomm's leadership in premium mobile chipsets. Analyst Ming-Chi Kuo indicated mass production could begin in 2028.

By Sajjl Nooranne Thu, April 30, 2026 at 12:13 PM GMT+3 2 min read · Yahoo Finance · April 30, 2026, 09:13 UTC

Tickers: $QCOM

Topics: AI Chip Development Investor Sentiment Qualcomm Stock Price

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