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Qualcomm stock slip despite earnings beat and strong chip sales

Qualcomm stock slip despite earnings beat and strong chip sales

Shares of Qualcomm Inc. declined on Thursday even after the chipmaker reported quarterly results that topped Wall Street expectations, as investors weighed solid fundamentals against expense growth, soft automotive guidance, and persistent licensing concerns. Earnings beat and strong chip performance For its fiscal fourth quarter, Qualcomm reported adjusted earnings of $3.00 per share, surpassing analyst [...]

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