Qualcomm crashes 8% after slashing guidance due to memory shortage. AI data center demand for HBM is starving smartphones of DRAM through 2027.

Qualcomm Stock Crashes 8% as AI Devours Memory, Squeezing Smartphones

Qualcomm's record $12.3B quarter ends with stock plunging 10% as memory shortage forces dramatic guidance cut. What investors need to know.

Qualcomm Posts Record $12.3B Revenue, Then Guides Down 15% as Memory Crunch Bites