Qualcomm shares fall on fourth quarter earnings

AI chipmaker Qualcomm (QCOM) reported fiscal first quarter adjusted earnings of $3.50 per share compared to an estimate of $3.41. Adjusted revenue was $12.25 billion versus an expectation of $12.2 billion. For the second quarter, the company forecasts revenue of $10.2 billion to $11.0 billion. Wall Street had been expecting $11.18 billion. Yahoo Finance breaks down the report. For more of the latest news on tech earnings, please visit: https://finance.yahoo.com/ #youtube #Qualcomm #AI #investing #stocks Abo ...