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Qualcomm's stock drops 6% after the company issues a lower-than-expected Q3 forecast.
Qualcomm's stock experienced a significant sell-off, surprising some investors.
Despite facing challenges like regulatory issues and competition from Chinese chipmakers, analysts had expected better performance.
Qualcomm reported higher-than-expected Q2 earnings but issued a lower-than-expected forecast for Q3, causing shares to drop by 6%.
The company is focusing on diversifying into areas like automotive and IoT to offset potential revenue declines.
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Las acciones de Qualcomm caen un 6% después de que la compañía emita un pronóstico de Q3 inferior a lo esperado.