Chipmakers find a ray of hope in AI chipsets amid US tariff gloom

Top chip makers Qualcomm and MediaTek view the evolving US tariff situation as creating uncertainties in almost all markets around the world and dragging growth but are positive about demand for AI-enabled chipsets, particularly in the premium smartphone segment that’s growing fast in emerging markets like India.“For the short term, as trade negotiations continue to unfold, we are closely observing their impact on global economies by working with our global supply chain partners and customers to navigate the uncertainty,” Rick Tsai, CEO at MediaTek,…