$QCOM US stocks AI chip leader Qualcomm up 4%
Reuters reports, citing four insiders, that Qualcomm is in talks with China's ByteDance, hoping to provide chip design services.
This move aims to help the American company reduce its reliance on the smartphone market, which is Qualcomm's largest revenue source.
Reuters reports, citing four insiders, that Qualcomm is in talks with China's ByteDance, hoping to provide chip design services.
This move aims to help the American company reduce its reliance on the smartphone market, which is Qualcomm's largest revenue source.