The world’s largest smartphone processor manufacturer is benefiting from a rebound in the smartphone market. Consumers are upgrading their devices to access advanced artificial intelligence features like chatbots and image generators, driving demand for Qualcomm’s chips that support these applications. The chipmaker’s earnings forecast for the first quarter exceeded Wall Street’s expectations, pushing Qualcomm’s shares up over 8% on Thursday. The San Diego-based company, the top supplier of processors for mobile devices, expects sales and adjusted profits for the December-ending
