Qualcomm stock slips as chip rally rolls on; QCOM eyes Feb. 4 earnings
Qualcomm shares fell 1.6% to $161.89 in afternoon trading Thursday, lagging a rally in other chip stocks after the U.S. imposed a 25% tariff on certain AI chips. The drop came as TSMC’s upbeat outlook lifted peers. Qualcomm is scheduled to report earnings on Feb. 4.