Qualcomm (QCOM) stock drops again despite Volkswagen deal talk — what’s next before earnings
New York, January 15, 2026, 20:52 EST — Market closed. Qualcomm shares dropped 1.9% on Thursday, closing at $161.39. This marks the chipmaker’s fifth day in a row of declines, trailing a mostly steady U.S. market. The S&P 500 gained 0.26%, and the Dow rose 0.60%. Qualcomm fell behind rivals like Nvidia and Broadcom, while Intel also slipped. (MarketWatch) The slide is notable as semiconductors gain fresh momentum from AI, with investors honing in on select firms. Taiwan Semiconductor raised its 2026 capital expenditure target to $52 billion-$56 billion, surpassing Visible Alpha’s estimates. That move has fueled a surge in