US Stock Market Move | Most chip stocks rise; Qualcomm (QCOM.US) gains over 4%

On Tuesday, most chip stocks rose, with Qualcomm (QCOM.US) gaining over 4%, while Intel Corporation (INTC.US), SK Hynix (SKHY.US), and Advanced Micro Devices (AMD.US) each rose over 2%. On the news front, Qualcomm officially announced on September 15 that the Nubia NaviX Ultra phone will be equipped with the fifth-generation Snapdragon 8 Elite mobile platform, supporting the Doubao mobile assistant to deliver generative AI and agentic AI experiences. According to Nubia's official introduction, the Nubia NaviX Ultra will feature the industry's first independent AI button with integrated fingerprint recognition, support dialect recognition and voice wake-up capabilities, and come with the built-in latest Seed full-duplex voice large model. In addition, this new device also features a 200-megapixel main camera and a flagship triple-camera system; a Xinghe cooling control heat dissipation system with a 7,100 mm three-dimensional vapor chamber; a body thickness of only 7.62 mm and a 7,100 mAh fifth-generation Nanhai battery; and a Xingqiong all-domain communication system with a full-link network communication enhancement engine. The Nubia NaviX Ultra was jointly developed by ZTE Corporation and ByteDance, features the Doubao mobile assistant, and is called the "Doubao Phone 2nd Generation." Partners of the Nubia NaviX Ultra include Qualcomm Snapdragon, JD.com, Inc. Sponsored ADR Class A, ChangXin Memory Technologies, Samsung Semiconductor, and Shenzhen Goodix Technology, among others.