EARNINGS PER SHARE: Earnings are expected to come in at $2.85 a share, up from $2.83 a share the prior year. The stock has fallen 15% during the past three months and recently traded around $146.61.
The chipmaker is grappling with a memory shortage hitting the entire industry as the AI data center buildout snaps up supply.
Qualcomm (QCOM) stock slides after downgrade and price target cuts on memory constraints hurting handset demand.
Live Updates More on Memory Shortage 45 minutes ago Live The Phrase That Spooked Investors 52 minutes ago Live Memory Supply ...
While MediaTek continues to dominate the global smartphone chipset market, according to Counterpoint Research, the company’s grip on the high-end remains relatively weak. Qualcomm and Apple have long ...
Qualcomm reports Q1 earnings Feb 4 with $3.39 EPS forecast. Apple modem plans and chip shortages pressure shares down 11% ...
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Qualcomm shares plunge 10% after-hours as weak Q2 guidance misses expectations. Check out what it means for QCOM stock and ...
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What Happened? Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 7.8% in the afternoon session after the company issued disappointing revenue and profit guidance for its upcoming quarter, ...
Apple is suing Qualcomm, maker of the iPhone’s baseband processor (the modem for connecting to mobile networks), for $1 billion. The tech giant accuses Qualcomm of withholding payments to Apple in ...