Qualcomm to Supply Millions of AI Chips to ByteDance as It Expands into Data Centers
Qualcomm will supply millions of AI ASICs to ByteDance (TikTok’s owner) to power its AI inference and Doubao chatbot.
Qualcomm will supply millions of AI ASICs to ByteDance (TikTok’s owner) to power its AI inference and Doubao chatbot.
Trump visits China with top US CEOs to improve trade, tech ties, and investment between the US and China.
Qualcomm beats expectations, shifts beyond phones as auto & AI grow, but weak smartphone demand still weighs on outlook.
OpenAI is developing an AI-first smartphone with MediaTek, Qualcomm, and Luxshare. The device will replace apps with a smart assistant that handles tasks automatically.
Bank of America downgrades Qualcomm to Underperform with a $145 price target, highlighting the looming loss of Apple business and slow future growth in this mature chip market.
Global smartphone shipments plunge 12-13% in 2026—the worst drop ever—due to AI-driven memory chip shortages pushing prices sky-high, per IDC & Counterpoint.