Qualcomm earnings: What tariffs could mean for the AI chipmaker
For its fiscal second quarter, AI chipmaker Qualcomm (QCOM) published top and bottom line figures that beat expectations: revenue of $10.84 billion (vs. estimates of $10.64 billion) and adjusted earnings of $2.85 per share (vs. estimates of $2.81). The semiconductor manufacturer's stock stumbles in Wednesday's after-hours trading on its weaker-than-expected third quarter guidance. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead comments on Qualcomm's exposure to trade tariffs, especially for its smartphone and automotive components. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.