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On Wednesday, Qualcomm (QCOM.O) unveiled a new tab that projects quarterly sales and adjusted profit will surpass Wall Street projections and is fueled by the introduction of more expensive chips in Android smartphones that are equipped with artificial intelligence features. According to Qualcomm, consumers have started to shift toward more expensive gadgets supporting AI chatbots after a smartphone slump last year. In after-hours trading, Qualcomm’s stock increased by 4%. The company said sales to Chinese smartphone manufacturers increased by 40% in the first half of the fiscal year, indicati…

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