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Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast

July 30 : Qualcomm shares fell about 5 per cent in premarket trading on Thursday after the chipmaker's warning about higher memory costs and a steeper decline in Apple revenue raised concerns about near-term profit growth.A surge in AI infrastructure spending has tightened semiconductor supply chains, driving

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economictimes.indiatimes.com56 min fa

Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecast

Qualcomm guidance of $2.05–$2.25 eps (vs $2.36 consensus) reflects memory-cost surge and sharper Apple modem revenue loss. Near-term margin pressure delays AI/data-center diversification payoff, forcing IT teams to recalibrate chip sourcing through H2.

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Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast

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Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecast

Timeline cronologica

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Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecast