Qualcomm Expands AI Footprint in Vietnam Amid Tepid Market Response
Qualcomm''s strategic push into Vietnam''s AI sector failed to ignite investor enthusiasm, with shares dipping 0.3% in pre-market trading. The chipmaker unveiled a dual-city R&D hub in Hanoi and Ho Chi Minh City, staffing it with specialized teams to advance generative AI applications across mobile, automotive, and IoT ecosystems.
The expansion aligns with Vietnam''s national priorities in semiconductors and digital transformation. Qualcomm''s second Vietnamese research facility follows its April acquisition of local AI startup MovianAI, signaling sustained commitment to the region as multinationals diversify supply chains beyond China.