Shares of the company were down more than 4% in extended trading on Wednesday, while Apple shares were flat.

July 29 : Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply…

Qualcomm guided Q2 profit well below expectations as AI data center demand creates a global memory chip shortage, sending shares down 11% after

Shares of the company were down more than 4% in extended trading on Wednesday, while Apple shares were flat.