BUZZ — Qualcomm gains on partnerships for high — speed 5G module, AI — powered Wi — Fi gateway
*Smartphone chipmaker Qualcomm's shares up 1.57% to $117.16 *QCOM powers Chinese company Fibocom’s new SC153 5G module for smart device supports 5G download speeds of up to 2.5 Gbps and is designed for smart devices and industrial equipment * Mass production for module planned for Q4 2026 - QCOM * Co also partners with Taiwanese company Gemtek Technology and gFiber to develop AI-powered home internet gateway * Co says commercial deployment of the gateway is targeted for 2027, with gFiber as the first service provider * Broader chipmaker' stocks down in the session, with Philadelphia SE Semiconductor Index slipping 1.70% * Including session's move, YTD, QCOM up 3.34% vs 69.39% gains for SOX (Reporting by Jayasree Prabhu) ((jayasree.prabhu@thomsonreuters.com)