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Qualcomm’s smartphone chip sales miss estimates, shares fall

Katherine Langford
Editor-in-Chief · Wednesday, November 4, 2026 at 9:22 PM · 1 min read
Qualcomm’s smartphone chip sales miss estimates, shares fall — Toronto Business news

Qualcomm QCOM-Q on Wednesday fell short of Wall Street estimates for fourth-quarter revenue from its smartphone chips on sluggish demand and declining Apple-related revenue, sending its shares down more than 4 per cent in extended trading.

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