Qualcomm shares jumped about 15% as investors cheered an AI partnership with OpenAI, fresh Snapdragon chip launches, and stronger-than-expected earnings. The company is also betting big on expanding AI capabilities across smartphones, data centers, automotive technology, and advanced computing. With momentum building, traders are now focused on what Qualcomm’s next AI roadmap will deliver.
Qualcomm has unveiled new Snapdragon 6 Gen 5 and Snapdragon 4 Gen 5 chipsets designed to ease pressure on smartphone prices as component costs rise. The upgrades focus on stronger connectivity, improved gaming capability, and better battery life. Oppo, realme, and Xiaomi are set to adopt these chips in devices launching in the second half of 2026, alongside Qualcomm’s new boAt audio partnership.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Qualcomm has introduced the Snapdragon 6 Gen 5 and Snapdragon 4 Gen 5 platforms in India, aiming to bring upgrades to a wider set of mid-range users. The company says the new chips will improve connectivity performance while also boosting gaming capabilities and battery life, positioning them as practical upgrades rather than flagship-only tech.
Lenovo has launched the Idea Tab Pro Gen 2 in India at ₹39,999, targeting buyers who want a mix of work, entertainment, and easy portability. The tablet features a large 13-inch display and runs on Qualcomm’s Snapdragon 8s Gen 4 with 8GB RAM and 256GB storage. It goes on sale starting May 1.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
