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Mid 45 Corporate cnbc · 2026-11-05 05:22 (Asia/Shanghai)

Qualcomm stock drops 5% on weak earnings forecast as memory shortage weighs on smartphone sales

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

Earnings
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VolFlash analysis 🔒 Direction Magnitude ●●●○○ Horizon Days VolFlash engine · 5963ms

Qualcomm beats earnings but cuts guidance amid memory shortage

  • Actual results beat, but forward guidance weakened
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  • Global smartphone shipment data
  • DRAM/NAND spot price trends
  • Inventory levels at Qualcomm's key OEMs

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Published:2026-11-05 05:22:33 · Source:cnbc · Automatically aggregated and analysed — verify against the original source.