Stocks CNBC 1d ago

Qualcomm stock sinks as memory shortage drags on forecast

Market Intelligence Analysis

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Why This Matters

Qualcomm's stock has declined due to a memory shortage impacting the company's forecast, with CEO Cristiano Amon attributing the issue to the size of the mobile market.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

"We're starting to see that memory is going to define the size of the mobile market," Qualcomm CEO Cristiano Amon said in an interview.

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Original article published by CNBC on February 5, 2026.
Analysis and insights provided by AnalystMarkets AI.