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flag Qualcomm stock rose after reports OpenAI will collaborate on AI smartphone chips with MediaTek and Luxshare.

flag Qualcomm stock jumped after analyst Ming-Chi Kuo reported OpenAI is collaborating with Qualcomm and MediaTek to develop AI smartphone processors, with mass production expected around 2028. flag China’s Luxshare is reportedly the manufacturing partner. flag The companies have not confirmed the reports.

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