Qualcomm stock slides amid China's probe, but here's why analysts see upside

Core Viewpoint - Qualcomm's stock experienced a decline in premarket trading following the announcement of an investigation by China's antitrust regulator, the State Administration for Market Regulation (SAMR) [1] Group 1: Company Impact - The investigation by SAMR is expected to scrutinize Qualcomm's business practices in China, which could lead to potential regulatory challenges [1] - Qualcomm's stock performance reflects investor concerns regarding the implications of the investigation on its market position and revenue in China [1] Group 2: Industry Context - The move by SAMR indicates a broader trend of increased regulatory scrutiny on foreign technology companies operating in China [1] - This investigation may signal a tightening of antitrust enforcement in the technology sector, impacting not only Qualcomm but also other companies in the industry [1]