Qualcomm strikes AI chip deal with TikTok owner ByteDance, Bloomberg News reports

Qualcomm

Qualcomm

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May 26 (Reuters) - Qualcomm QCOM.O reached a deal with TikTok owner ByteDance to supply chips for AI data centers, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Shares of Qualcomm rose about 5% in morning trading.



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