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Qualcomm Slides After Supply Costs Take a Bite Out of Profit

First reported by Bloomberg ·

The signal ●○○○ Brief pending · reported by Bloomberg, CNBC, Quartz, Yahoo Finance, iam-media.com and 2 more
What happened

Qualcomm Inc. tumbled in late trading after giving a lackluster profit forecast, a sign the largest maker of smartphone processors is still grappling with higher component prices.

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