# Qualcomm jumped over 12% premarket to $167.23, making it the sharpest premarket riser in the Nasdaq 100.

*semiconductor · news · 2026-04-27 · MarketScreener*

## Key points

- Qualcomm is reportedly partnering with OpenAI to develop smartphone processors.
- MediaTek is also collaborating with OpenAI on processor development, per analyst Ming-Chi Kuo.
- OpenAI's projects with Qualcomm and MediaTek signal a potential move into developing hardware.
- Shares of Qualcomm surged over 12% following news of the potential OpenAI partnership.

**Companies:** Qualcomm, MediaTek
**Countries:** United States, Taiwan

[Read the full story on MarketScreener](https://www.marketscreener.com/news/qualcomm-shares-jump-premarket-after-analyst-claims-openai-partnership-ce7f59dcde8af322)

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