[Qualcomm's disk rose 2.6%, and investors became the next catalyst when they talked with ByteDance about customized chips.] According to Golden Finance, on June 24th, Qualcomm (QCOM. US) rose 2.58% in pre-market trading to $209.4. According to Reuters and other media, Qualcomm is negotiating with ByteDance to provide customized chip design services. If the cooperation is reached, ByteDance will become one of the early important customers of Qualcomm's chip design service business. The chips discussed by both parties may include video processors (VPUs) and are planned to achieve mass production as early as the end of this year. The chip part will adopt the high-speed connectivity technology of AlphaWave Semi, which was acquired by Qualcomm last year. In addition, Qualcomm will hold an investor day on Wednesday, June 24th, and the market expects management to elaborate on the strategic transformation of AI and data centers. The market expects management to disclose more large-scale customer ASIC orders, provide data center revenue targets (such as JPMorgan predicting over $3 billion in fiscal year 2027 and $35 billion in fiscal year 2031), and announce the roadmap for Dragonfly AI inference accelerator.