Qualcomm shares drop as chip supply constraints hold back sales

Qualcomm shares drop as chip supply constraints hold back sales

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-qualcomm-results/qualcomm-shares-drop-as-chip-supply-constraints-hold-back-sales-idUSKBN2A331I

Qualcomm Inc shares dipped as much as 9% in after-hours trading on Wednesday as the company said that semiconductor supply constraints that have roiled the industry contributed to fiscal first-quarter sales that slightly missed Wall Street expectations.

Qualcomm shares drop as chip supply constraints hold back sales

Feb 3, 2021, 11:25pm UTC
https://www.reuters.com/article/us-qualcomm-results/qualcomm-shares-drop-as-chip-supply-constraints-hold-back-sales-idUSKBN2A331I >Qualcomm Inc shares dipped as much as 9% in after-hours trading on Wednesday as the company said that semiconductor supply constraints that have roiled the industry contributed to fiscal first-quarter sales that slightly missed Wall Street expectations.