semiconductor / news / / Barchart
OpenAI is working with Qualcomm and MediaTek to develop processors for an AI agent smartphone.
OpenAI is partnering with Qualcomm and MediaTek to develop processors for an AI agent smartphone.
KEY POINTS
- The AI agent smartphone, with no apps, could enter mass production as early as 2028.
- Qualcomm's handset business is expected by JPMorgan to fall 22% in 2026, worse than consensus.
- DRAM suppliers are prioritizing high-bandwidth memory for AI data centers, worsening smartphone memory shortages.
- Qualcomm is trading at a forward P/E of 17.69, below the semiconductor sector median.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →