NasdaqGS:QCOMSemiconductor
The Bull Case For QUALCOMM (QCOM) Could Change Following Soft Guidance Amid Memory Crunch And Strategy Shift
In early February 2026, Qualcomm reported first-quarter revenue of US$12.25 billion and net income of US$3.00 billion, issued softer second-quarter revenue guidance of US$10.20 billion to US$11.00 billion, completed a large share buyback tranche, and appointed longtime semiconductor analyst Brett Simpson as senior vice president of Investor Relations.
These updates highlight how a worsening global memory chip shortage is weighing on Qualcomm’s handset outlook just as it invests to expand in...