Qualcomm stock rises as Volkswagen lines up long-term Snapdragon infotainment deal
Qualcomm shares climbed 1.3% to $182.54 Thursday after Volkswagen named the company its primary tech provider for a new software-defined vehicle platform, with supplies set for 2027. The gain came as chip ETFs fell. Qualcomm is also reportedly in talks with Samsung over two-nanometre chip manufacturing, according to Reuters.