Qualcomm (QCOM) struck an AI chip deal with ByteDance, Bloomberg reports
- Qualcomm has agreed to supply ByteDance with millions of application-specific integrated circuits for AI data centres supporting AI agent software
- The deal marks a significant step in Qualcomm's push to expand beyond smartphone processors into AI infrastructure, Bloomberg reports
#QUALCOMM INC#QCOM.US#EQUITIES#EU SESSION#US SESSION#SEMICONDUCTORS#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (GROUP)#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT#S&P 500 INDEX#NASDAQ 100 INDEX#QUALCOMM INC#QCOM#US EQUITIES#AI