https://www.live-feeds.com/feed/qualcomm-slides-after-supply-costs-take-a-bite-out-of-profitContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/qualcomm-slides-after-supply-costs-take-a-bite-out-of-profithttps://www.live-feeds.com/feed/qualcomm-slides-after-supply-costs-take-a-bite-out-of-profit#u184707Sat, 07 Nov 2026 22:47:51 +0000Qualcomm's stock fell 6%+ after the company issued a weak earnings forecast due to rising supply costs and a memory shortage affecting smartphone sales. Despite beating earnings estimates with $10.4B revenue, a 20% chip margin guide and EPS midpoint of $2.25 disappointed investors. The company's smartphone chip sales missed estimates, and it warned of margin headwinds.Why it mattersQualcomm, the largest maker of smartphone chips, is facing challenges due to a slowdown in smartphone and PC sales. The company's growth story is shifting from phones to cars and data centers. Rising