💼 Business 11h ago · Michael Grothaus

Qualcomm stock is soaring today as rumblings of an OpenAI smartphone deal emerge. Here’s what’s happening

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Qualcomm stock is soaring today as rumblings of an OpenAI smartphone deal emerge. Here’s what’s happening
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Shares in Qualcomm Incorporated (Nasdaq: QCOM) are surging in premarket trading this morning after reports emerged that the company may be on the cusp of a deal with artificial intelligence giant OpenAI.



The deal would see Qualcomm CPUs powering a potential OpenAI smartphone—and would be a further sign that AI may shift from being primarily GPU-powered to CPU-powered. Here’s what you need to know.



Will the CPU replace the GPU in the AI space?



Currently, the most important computing com

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