Qualcomm in talks to provide custom chip-design services to ByteDance

Short summary

Qualcomm is negotiating with ByteDance to design custom semiconductor chips for video processing using AlphaWave Semi technology. The partnership would diversify Qualcomm beyond smartphones and signal continued US-China tech cooperation despite geopolitical tensions. No deal confirmed; discussions remain preliminary.

• •Qualcomm in talks with ByteDance for custom chip design, particularly video processing units
• •Represents Qualcomm's diversification strategy beyond smartphone market
• •Signals ongoing US-China tech engagement amid geopolitical tensions; outcome uncertain

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