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Low 45 Corporate cnbc · 2026-11-04 23:40 UTC

Qualcomm stock drops 7% on weak earnings forecast as memory shortage weighs on smartphone sales

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

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VolFlash analysis 🔒 Direction Magnitude ●●●○○ Horizon Intraday VolFlash engine · 4972ms

Qualcomm beats EPS but cuts guidance amid memory shortage

  • Q3 results beat, but forward guidance lowered
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Published:2026-11-04 23:40:54 · Source:cnbc · Automatically aggregated and analysed — verify against the original source.