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Qualcomm Stock Sinks 11%: AI Momentum Hits Profit-Taking Wall Despite $20 Billion Buyback

Qualcomm Stock Sinks 11%: AI Momentum Hits Profit-Taking Wall Despite $20 Billion Buyback

Qualcomm (QCOM) shares fall more than 11% as profit-taking hits the semiconductor sector. See why an overbought RSI of 88 and macro pressure triggered the drop despite a new $20B buyback and AI growth push.

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