Bloomberg’s sources indicate that ByteDance plans to buy millions of chips from Qualcomm to bolster its AI agents.
The Chinese firm will be among the initial significant purchasers of Qualcomm chips made explicitly for AI advancement. Qualcomm is diligently advancing its AI infrastructure solutions division, and the partnership with ByteDance will be a major milestone.
Qualcomm stock increased by 4.4% during trading on Tuesday. Their worth has increased by 45.4% since the beginning of the year.
source: bloomberg.com
