Qualcomm Rises on Reported OpenAI and MediaTek AI Smartphone Partnership Targeting 2028 Launch

Qualcomm shares rose Monday after analyst Ming-Chi Kuo said the chipmaker is reportedly partnering with OpenAI and MediaTek to develop processors for a new AI-focused smartphone. Kuo said China’s Luxshare would be the exclusive design and manufacturing partner, with mass production targeted for 2028. If launched, the device would mark OpenAI’s biggest move into consumer […]

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