Qualcomm stock closes down to end 2025 as chip shares slide — what QCOM investors watch next
NEW YORK, January 1, 2026, 14:26 ET — Market closed. QUALCOMM Incorporated shares closed lower in the year’s final U.S. trading session, tracking a pullback in semiconductor names ahead of the New Year holiday. The timing matters. Thin year-end liquidity can exaggerate moves, and the first sessions of January often bring fresh positioning as money managers reset after tax and calendar effects. For Qualcomm, that matters because the stock often trades as a read-through on both handset demand and the broader chip cycle, which can turn quickly when macro expectations shift. U.S. stocks ended Wednesday lower, with the S&P 500