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Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff
24/7 Wall St.66d agobearish
Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff

Shares of Qualcomm (NASDAQ:QCOM) are down 6% to $193 and change in midday trading Wednesday, while Arm Holdings (NASDAQ:ARM) stock is off 5% to $309.75. The moves come as mobile and edge-compute chip names lag the broader semiconductor tape. The iShares Semiconductor ETF (NASDAQ:SOXX) is down by 2.3% on the session, signaling that the weakness ... Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff

Qualcomm’s Edge AI Push Into Enterprise Meeting Rooms Faces Valuation Hurdles
Simply Wall St.67d agoneutral
Qualcomm’s Edge AI Push Into Enterprise Meeting Rooms Faces Valuation Hurdles

Qualcomm (NasdaqGS:QCOM) and Primax Electronics have launched an AI powered enterprise conference platform built around Qualcomm's Dragonwing processor. The new solution targets meeting rooms and workplace collaboration, aiming to bring Edge AI capabilities directly into conference infrastructure. The partnership reflects Qualcomm's push beyond mobile devices into broader Edge AI use cases for enterprise customers. For you as an investor, this development shows how Qualcomm is working to...

Broader Market Settles Lower as Chip Stocks Sink
Barchart67d agoneutral
Broader Market Settles Lower as Chip Stocks Sink

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.12%. June E-mini S&P futures (ESM26 ) fell -0.36%, and June E-mini Nasdaq futures...