Historical qcom News Stories

QCOM Slides; Memory Crunch, Downgrade Shakes $QCOM

Qualcomm fell this week after Bank of America issued an Underperform and cut its target to $145, citing memory shortages that pressured handset revenue and Q2 guidance. Offsetting headlines include bullish upgrades, institutional buying and longer-term diversification into AI and automotive, but legal and export risks plus bearish technicals keep near-term outlook cautious.