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Qualcomm jumps 12% on report it’s partnering with OpenAI on smartphone AI chip

Posted on April 27, 2026
By CNBC
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1 min read

Qualcomm jumps 12% on report it’s partnering with OpenAI on smartphone AI chip

Qualcomm will be working alongside MediaTek to develop a smartphone chip for OpenAI, with manufacturer Luxshare co-designing the device, an analyst said.