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Qualcomm slides 9% after earnings, leading postelection chip stock sell-off

Source: press CNBC•November 5, 2026 at 05:43 PM

Qualcomm slides 9% after earnings, leading postelection chip stock sell-off

Qualcomm stock slid 9% on Thursday, leading chip stocks lower after the company issued a light forecast. The chipmaker, which reported Q4 financial results after the bell Wednesday, slightly beat Q4 estimates for earnings, but its current-quarter guidance came in weak.

Qualcomm stock slid 9% on Thursday, leading chip stocks lower after the company issued a light forecast.

The chipmaker, which reported Q4 financial results after the bell Wednesday, slightly beat Q4 estimates for earnings, but its current-quarter guidance came in weak.

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