Fund manager pulls plug on popular semiconductor stock

I've been investing in stocks since the early 1990s, and joined Wall Street's sell side nearly 30 years ago, so I remember clearly when semiconductor chip stock Qualcomm (QCOM) was the talk of the town. Long before Nvidia helped win the console wars or became the engine behind AI, Qualcomm was the stock to own in the late 1990s because its CDMA (Code Division Multiple Access) technology became a key standard for 3G networks. The potential for surging royalty payments sent Qualcomm shares soaring to heig ...