BusinessPhoto: NDTV BusinessQualcomm Shares Fall 14%, Worst Drop Since 2020
Qualcomm's shares dropped over 14%, marking its steepest single-day decline since 2020. Quarterly revenue from its handset division fell 26% to $5.14 billion, causing total chip segment revenue to decline 8% to $9.02 billion. Adjusted earnings per share decreased 28% to $2.17, and adjusted pre-tax profit fell 30%. Total adjusted revenue was down 7% to $10.44 billion.
NDTV Business·

