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Qualcomm stock drops 5% on weak earnings forecast amid memory shortage

Qualcomm stock drops 5% on weak earnings forecast amid memory shortage

Despite reporting results that surpassed initial expectations, Qualcomm announced a subdued outlook for future earnings, a situation compounded by ongoing issues within the memory supply chain that…

Despite reporting results that surpassed initial expectations, Qualcomm announced a subdued outlook for future earnings, a situation compounded by ongoing issues within the memory supply chain that are dampening smartphone sales.

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