Qualcomm is trading 3.71% higher at $201.47 after confirming TSMC as the exclusive manufacturer of its next-generation 2nm Snapdragon 8 Elite Gen 6 and Extreme Gen 6 processors.
- The announcement reinforces TSMC’s role in Qualcomm’s flagship chip supply chain and highlights major on-device AI capabilities.
- During the September 25, 2026 session, the S&P 500 is up 0.38% and the Nasdaq Composite is up 0.51%.
- The company-specific catalyst appears to be outweighing recent semiconductor and rate-related volatility.