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via gurufocus.comBusiness & Companies

Qualcomm shares slide on drop in smartphone chip revenue

FROM THE WIRE · GURUFOCUS.COM

On November 07, 2026, Qualcomm Inc (QCOM) saw its stock price decline following a 26% drop in smartphone chip revenue for the fourth quarter, alongside a 7% yea

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe drop in smartphone revenue weighs on the share outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Smartphone chip revenue fell 26% in the fourth quarter.
  2. 02The stock declined following the results.
  3. 03A year-over-year figure dropped 7%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
QUALCOMM IncorporatedQCOMStock165.41 USDMarket closedtoday +5.52%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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