Qualcomm stock drops 6% on weak earnings forecast as memory shortage weighs on smartphone sales — Live Feedhttps://www.live-feeds.com/feed/qualcomm-stock-drops-6-on-weak-earnings-forecast-as-memory-shortage-weighs-on-smartphone-salesContinuously updated, source-cited coverage. Qualcomm Stock Drops 6% on Weak Earnings Forecasthttps://www.live-feeds.com/feed/qualcomm-stock-drops-6-on-weak-earnings-forecast-as-memory-shortage-weighs-on-smartphone-saleshttps://www.live-feeds.com/feed/qualcomm-stock-drops-6-on-weak-earnings-forecast-as-memory-shortage-weighs-on-smartphone-sales#u183951Sat, 07 Nov 2026 11:26:38 +0000Qualcomm shares fell 6 percent following a weak earnings forecast and a smartphone chip sales miss. The drop is driven by a memory shortage that continues to weigh on overall smartphone sales. Twin pressures are impacting the company as it navigates the current market environment. Investors reacted swiftly to the disappointing figures, sending the stock down during the session. The negative outlook highlights ongoing supply chain hurdles within the mobile hardware sector.Why it mattersThe decline in Qualcomm stock highlights the fragile recovery of the broader mobile technology market. Memory