✉news TechnologySemiconductors first seen 6 d ago, last 6 d ago, peak #2
Qualcomm falls on revenue miss and weak guidance
Original: The chips are down: Qualcomm falls on revenue miss, weak guidance; Arm and GlobalFoundries do little better
Qualcomm shares dropped after the chipmaker reported revenue below expectations and issued weak forward guidance, disappointing investors. Rivals Arm and GlobalFoundries also posted results that failed to impress, adding to concerns across the semiconductor sector about demand and growth momentum.
Why now: Concerns are mounting that the semiconductor industry's growth is slowing, weighing on investor sentiment.
Evidence
- The chips are down: Qualcomm falls on revenue miss, weak guidance; Arm and GlobalFoundries do little better · SiliconANGLE
API: https://socialmediatrends-api.osmike.com/v1/trends/4931170