Qualcomm Shares Rally After Report OpenAI Is Partnering on AI-Focused Smartphone Chips
Qualcomm stock jumped sharply in premarket trade after an analyst posted that OpenAI is collaborating with the chipmaker and Taiwan’s MediaTek to build smartphone processors for an AI-first device. The report names Luxshare as the exclusive system design and manufacturing partner and projects mass production as likely in 2028. The companies named i…