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Qualcomm stock drops 6% on weak earnings forecast as memory shortage weighs on smartphone sales

Qualcomm delivered better-than-expected results but issued a weak earnings forecast.

54 min ago4:12 PMUpdated 25 min ago

Benny Sato is reporting this story

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25 min agoNew headline Was: “Qualcomm stock drops 5% on weak earnings forecast as memory shortage weighs on smartphone sales”
42 min agoNew headline Was: “Qualcomm issues disappointing earnings forecast as memory shortage weighs on smartphone sales”