Qualcomm Forecasts Upbeat Revenue, Warns of Trade-Curb Effects ...Middle East

A Qualcomm trade show booth. REUTERS/Aly Song Chipmaker Qualcomm forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for high-end Android devices and the need for more chips in smartphones that are getting AI upgrades. Shares of San Diego, California-based Qualcomm had risen more than 5% in extended trading, but pared gains to fall over 1% after the firm flagged a revenue hit from the U.S. revoking one of its export licenses for sanctioned Chinese telecom firm Huawei Technologies. Tighter export curbs on sharing high-end chip technology with China and mounting Sino-U.S. trade tensions are keeping chipmakers from serving one of the lar

Hence then, the article about qualcomm forecasts upbeat revenue warns of trade curb effects was published today ( Thursday 01/08/2024 - 02:21 AM ) and is available on Times of San Diego ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Qualcomm Forecasts Upbeat Revenue, Warns of Trade-Curb Effects )

Last updated : 01 August 2024 clock 02:21 AM

Also on site :

Qualcomm Forecasts Upbeat Revenue, Warns of Trade-Curb Effects ...Middle East

David and Victoria Beckham make desperate offer to Brooklyn in attempt to end bitter feud: report

Americans question Trump’s instinct on Iran war

‘Superman’ Sequel Testing Adria Arjona, Eva De Dominici, Sydney Chandler and Grace Van Patten (Exclusive)

After SIR, number of voters in Mamata Banerjee's seat down 25%

Bill Gates will testify in the Epstein probe; Pam Bondi testimony postponed

US Vance says Iran would be "dumb" to let talks collapse over Lebanon

State senator introduces bills to delay electric bus mandate, exempt districts near nuclear plants

CAA Wants to Bring More Marketers to Hollywood’s Creative Table

VA Change Under New Bill Would Boost Care for Millions of Veterans

Doja Cat Defends Madonna Against Trolls Who Say the Legend Is ‘Too Old’ to Perform: ‘You Feel Threatened by an Older Woman Who Can Do Her Job Forever?’

Davey Lopes Passes Away

254 dead, 1,166 wounded with Lebanese Civil Defense reaches breaking point

Shannen Doherty's Ex Husband Hospitalized After Apparent Overdose: Report

Sen. Schumer's 'Military Moron' Swipe at Trump Accidentally Kicks Biden (AND Chuck) Right Where It Counts

Record Attendance at KC SmartPort Annual Industry Briefing Underscores Kansas City's Industrial Momentum