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Qualcomm Faces Significant Stock Drop Amidst Earnings Miss and Industry Sell-Off

Qualcomm Faces Significant Stock Drop Amidst Earnings Miss and Industry Sell-Off

Qualcomm slides 9% after earnings, leading post-election chip stock sell-off
Qualcomm slides 9% after earnings, leading post-election chip stock sell-off

Qualcomm slid Thursday morning after its Q4 earnings report as chip stocks face continued post-election pressure.

Why Qualcomm Stock Is Down Even After Car Chip Sales Jumped 89%
Why Qualcomm Stock Is Down Even After Car Chip Sales Jumped 89%

Qualcomm's car chip sales nearly doubled in its Q4 earnings, yet Qualcomm stock still fell about 11% the next day.

Chip Stocks Tumble After Arm, Qualcomm Reports
Chip Stocks Tumble After Arm, Qualcomm Reports

Chip stocks continued to fall Thursday in the wake of Tuesday's election results and earnings reports from Arm, Qualcomm and others.

Qualcomm shares slide as smartphone slump puts pressure on its core business
Qualcomm shares slide as smartphone slump puts pressure on its core business

The chipmaker reported a 26% drop in handset revenue and warned that memory costs and Apple's departure will continue to weigh on the market. Qualcomm is betting on data centers, automotive and...

Qualcomm's smartphone chip sales miss estimates, shares fall
Qualcomm's smartphone chip sales miss estimates, shares fall

Demand for lucrative high-bandwidth storage for AI servers has pushed up memory chip prices, raising the cost of consumer electronics and squeezing smartphone processor designers such as Qualcomm.

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