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Wajeeh Khan

Qualcomm Is Teaming Up With ByteDance. What It Means for QCOM Stock

Qualcomm (QCOM) stock is inching higher on May 26 following reports the company has signed a landmark agreement to supply artificial intelligence (AI) chips to ByteDance.

The parent company of TikTok marks QCOM’s first high-volume client for its newly unveiled data center hardware line, underscoring its rapid evolution into a major AI infrastructure name.

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