Qualcomm Stock Moves Higher as Mobile AI Moves From Answers to Action

Qualcomm, the wireless and edge computing chipmaker NASDAQ:QCOM, showcased phone-based AI agents at Snapdragon Summit. Shares rose about 0.3% to $188.04 at around 11:23 a.m. ET Tuesday, after closing at $187.48 on Monday. The pitch is simple: make the phone fast and capable enough to handle more AI…