Qualcomm Beats Q4 Forecasts, Warns of Softer Q1 Outlook
WHO:
Yahoo Finance - Qualcomm (QCOM), Qualcomm CEO Cristiano Amon, SpaceX, Starlink, Anduril, Amazon, Apple, Intel, AMD, AT&T, T-Mobile, and Verizon are identified in the article.
Yahoo Finance Singapore - Qualcomm (QCOM), Qualcomm CEO Cristiano Amon, SpaceX, Starlink, Anduril, Amazon, Apple, Intel, AMD, AT&T, T-Mobile, and Verizon are identified in the article.
Investor's Business Daily - Arm Holdings (ARM) is a Cambridge, England-based chip design firm.
WHAT:
Yahoo Finance - Qualcomm shares fell more than 11% in premarket trading in one report.
Yahoo Finance - Micron paused plans for a Taiwanese plant because of labor disputes.
Yahoo Finance - The PHLX Semiconductor Index fell more than 5% in early trading, leaving its year-to-date gain at roughly 35%. Sandisk shares fell 6%, extending a 7% decline in the prior session; Intel fell nearly 5%, AMD fell 9%, and Nvidia also declined.
Yahoo Finance - Qualcomm reported adjusted fourth-quarter earnings per share of $2.17 and revenue of $10.32 billion, above analyst estimates of $2.16 and $10.12 billion. In the same quarter a year earlier, it reported EPS of $3 and revenue of $11.27 billion.
Yahoo Finance Singapore - Qualcomm reported adjusted fourth-quarter EPS of $2.17 and revenue of $10.32 billion, above analyst estimates of $2.16 and $10.12 billion. The comparable quarter a year earlier had EPS of $3 and revenue of $11.27 billion.
Yahoo Finance - Qualcomm forecast first-quarter revenue of $10.4 billion to $11.2 billion, with a midpoint above Wall Street’s $10.6 billion estimate. It forecast EPS of $2.15 to $2.35, midpoint $2.25, below analysts’ $2.32 estimate.
Yahoo Finance Singapore - Qualcomm’s first-quarter revenue guidance was $10.4 billion to $11.2 billion, compared with a Wall Street estimate of $10.6 billion. Its EPS guidance was $2.15 to $2.35, midpoint $2.25; analysts expected $2.32.
Yahoo Finance - Qualcomm’s QCT segment revenue was $9 billion, versus analysts’ $8.8 billion estimate, but declined 8% year over year. Handset revenue fell 26% to $5.1 billion, below analysts’ $5.3 billion estimate; automotive sales rose 89% to $2 billion. QTL revenue was $1.3 billion.
Yahoo Finance Singapore - Qualcomm’s QCT segment declined 8% year over year and generated $9 billion, exceeding the $8.8 billion analyst estimate. Handset revenue fell 26% to $5.1 billion against a $5.3 billion estimate; automotive sales increased 89% to $2 billion. QTL revenue was $1.3 billion.
Yahoo Finance - Qualcomm shares fell 10% before the market opened after its report. The article also lists a premarket price of $157.85, down $15.35, or 8.86%.
Yahoo Finance Singapore - The article lists Qualcomm at $161.63 after hours, down $11.56, or 6.68%.
Yahoo Finance - Qualcomm announced a technology deal with SpaceX’s Starlink as Starlink pursues a terrestrial network intended to rival AT&T, T-Mobile, and Verizon.
Yahoo Finance Singapore - Qualcomm announced a deal to provide technology to SpaceX’s Starlink for its effort to establish a terrestrial network to rival AT&T, T-Mobile, and Verizon.
Yahoo Finance - Qualcomm and Anduril are working on BlueChip, a product line focused on reshoring computer manufacturing, beginning with a laptop using Qualcomm Snapdragon X-series chips. Qualcomm also signed an agreement with Amazon for custom chips for AWS AI infrastructure.
Yahoo Finance Singapore - Qualcomm is working with Anduril on BlueChip, beginning with a laptop using Snapdragon X-series chips, and signed an agreement with Amazon for custom chips for AWS AI infrastructure.
Yahoo Finance - Qualcomm is working to expand its data-center, automotive, edge-computing, and PC businesses to reduce reliance on smartphone-chip sales.
Yahoo Finance Singapore - Qualcomm is seeking to grow its data-center, automotive, edge-computing, and PC businesses and reduce dependence on smartphone-chip sales.
Yahoo Finance - The article says a memory and storage shortage has led consumer-electronics companies to raise prices on smartphones and laptops, hurting demand. Apple said the memory crisis would continue to cut into margins; Intel and AMD expected PC sales to decline in the coming quarter. Intel shares fell nearly 29%.
Yahoo Finance Singapore - The article links memory and storage shortages to higher smartphone and laptop prices and falling demand; Apple said the memory crisis would continue to affect margins, while Intel and AMD expected PC sales to decline in the coming quarter.
Investor's Business Daily - Arm beat analyst estimates for fiscal second-quarter results and guidance for the current period, but its stock fell in extended trading. Arm reported adjusted EPS of 52 cents and sales of $1.44 billion for the quarter ended September 30; FactSet-surveyed analysts expected lower results.
WHERE:
Yahoo Finance - Amon delivered a keynote at Computex in Taipei, Taiwan.
Yahoo Finance Singapore - Amon delivered a keynote at Computex in Taipei, Taiwan.
Investor's Business Daily - Arm is based in Cambridge, England.
WHY:
Yahoo Finance - Chip stocks fell amid concerns that stricter regulation could slow data-center construction. The article also reported that higher-cost components weighed on Qualcomm’s profit outlook.
Yahoo Finance - Qualcomm’s EPS forecast midpoint was below analysts’ expectations, and the article says this sent its stock lower after the report.
Yahoo Finance Singapore - Qualcomm’s EPS guidance midpoint was below expectations, and the article says this sent shares lower after the report.
HOW:
Yahoo Finance - The article attributed Micron’s pause on its Taiwanese plant plans to labor disputes.
Yahoo Finance - Qualcomm’s QCT segment includes handset and automotive sales.
Yahoo Finance Singapore - Qualcomm’s QCT segment includes handset and automotive sales.
(UPDATED November 5, 2026 22:11 UTC)
Qualcomm beat quarterly revenue expectations, but weaker earnings guidance sent shares sharply lower. The semiconductor index fell over five percent as chip stocks broadly retreated. Qualcomm is expanding into satellite connectivity, custom AI chips, and automotive technology.
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(UPDATED November 5, 2026 14:01 UTC)
Qualcomm beat quarterly estimates, but its shares fell sharply after its earnings outlook disappointed investors. It forecast stronger revenue but weaker earnings than analysts expected. New deals with Starlink and Amazon support Qualcomm’s push beyond smartphone chips.