Qualcomm falls as memory shortage squeezes chip margins, handset sales drop 26%
Qualcomm's guidance disappointed as rising memory and supply costs outpaced price increases, offsetting data-center and automotive gains.
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- ReutersQualcomm shares slide as smartphone weakness clouds growth push
- Bloomberg.comQualcomm Slides After Supply Costs Take a Bite Out of Profit
- Barron'sQualcomm’s Stock Falls After It Warns Chip Margins Are Getting Squeezed
- WSJQualcomm Revenue Falls as Handset Slowdown Offsets Automotive Gains
- CNBCQualcomm stock drops 7% on weak earnings forecast as memory shortage weighs on smartphone sales
- Yahoo FinanceQualcomm Shares Drop 10% as Rising Chip Costs and Handset Revenue Decline Pressure Margins
- TradingViewQualcomm Stock Falls as Rising Chip Costs Outrun Price Hikes
- AOL.comQualcomm slumps as weak smartphone chip sales overshadow data-center momentum
- MarketWatchQualcomm’s stock falls as twin forces pressure sales
- The Motley FoolQualcomm's Phone Chip Sales Drop 26%: Rapid Earnings Reaction
- SiliconANGLEThe chips are down: Qualcomm falls on revenue miss, weak guidance; Arm and GlobalFoundries do little better
- Investing.com UKBaird cuts Qualcomm stock price target on valuation to $320 By Investing.com
- Investing.comSusquehanna cuts Qualcomm stock price target on margin pressure
- BenzingaWhat's Going On With Qualcomm Stock Thursday?
- BigGo FinanceQualcomm's Memory Crunch: Handset Chip Sales Plunge 26% as Guidance Disappoints