OpenAI is accelerating development of an AI-focused smartphone, potentially producing 30 million units between 2027 and 2028. The phone will feature advanced AI capabilities, including dual AI processors and enhanced image processing, powered by a customized MediaTek Dimensity 9600 chipset. Despite some consumer skepticism about AI in phones, OpenAI aims to replace traditional apps with AI agents for easier task completion and information access. Mass production could begin in the first half of 2025, signaling a significant push into the AI smartphone market.
The S&P 500 marked its eighth consecutive weekly gain, driven by broad sector participation including healthcare, consumer cyclicals, and technology. This rally is notable given rising oil prices near $97 and stable 10-year Treasury yields around 5%,...
The global connected vehicle technology market, valued at $45.3 billion in 2025, is projected to grow at a CAGR of 11.4% to reach $129.2 billion by 2035. Growth is driven by the adoption of advanced driver assistance systems (ADAS), 5G connectivity e...
Qualcomm's shares surged 12% on Friday, marking a 75% rise in the past month, driven by its expanding role in AI and connected devices. The company secured a deal with automaker Stellantis to use Qualcomm's Snapdragon processors in vehicles, enhancin...
Shares of Qualcomm surged 11%, with Skyworks Solutions and Qorvo also rising amid a rotation into focused mobile and RF chipmakers. Qualcomm's strong momentum is driven by growth in Snapdragon mobile SoCs, automotive chips, and AI silicon, supported ...
Qualcomm's stock has surged 51.2% from its March low to around $195, driven by strong Q2 results and growth in automotive and data center sectors. The company reported record automotive revenue and confirmed upcoming shipments of custom silicon for h...
