Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Qualcomm shares rose in premarket trading Monday following reports that it's partnering with OpenAI to create smartphone processing chips to advance the AI firm's hardware ambitions. The U.S. smartphone chipmaker is set to work alongside Taiwanese semiconductor firm MediaTek to develop the chip for OpenAI, with Chinese manufacturer Luxshare co-designing and building the device, Ming-Chi Kuo, an analyst at TF International Securities, said on X on Monday . Mass production of the device is expected in 2028, according to Kuo. Qualcomm was last up 12% in premarket trading. The stock is down 13% so far this year. Stock Chart Icon Stock chart icon Qualcomm's stock year to date. Qualcomm, OpenAI, and MediaTek did not immediately respond to CNBC's request for comment confirming the partnership.…