Qualcomm to report second-quarter results as smartphone market faces sharp declines
Fresh off a report that it is working on a smartphone chip with OpenAI, Qualcomm (QCOM) will report its second-quarter earnings on Wednesday. According to TF International Securities analyst Ming-Chi Kuo, Qualcomm’s OpenAI chip will enter mass production in 2028, as the AI ​​Lab seeks to do something that Amazon (AMZN), Meta (META) and Microsoft…