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Qualcomm Rides AI Wave To Record Quarter, But Lowered Q2 Guidance Thanks To Seasonality And Apple Shipments Drags Down Stock
Thursday, February 6, 2025 - 2:11am | 725Despite beating the street’s earnings expectations, posting a record first-quarter revenue, and showcasing strength in on-device artificial intelligence inference, Qualcomm Inc. (NASDAQ:QCOM) shares fell 4.6% after market hours over the weak second-quarter guidance. What Happened: Qualcomm's...