US chip giant Qualcomm is reportedly in talks with Chinese tech behemoth ByteDance, parent of TikTok, to design custom chips. This move signals Qualcomm's bid to diversify beyond its core smartphone market and highlights continued US-China tech business engagement despite geopolitical tensions. The potential deal could involve video processing units, leveraging Qualcomm's recent acquisition of AlphaWave Semi. While discussions are ongoing, the outcome remains uncertain.