Qualcomm cites alarm of gross sales slowdown from cooling smartphone call for

America chip provider Qualcomm Inc on 27 July forecast fourth-quarter income beneath Wall Boulevard objectives bracing for a hard financial system and a slowdown in smartphone call for which would possibly harm its mainstay handset chip trade. The San Diego-based corporate’s stocks plunged about 2.8% in prolonged buying and selling, deepening 2022’s drop of about …

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