Qualcomm

Qualcomm Inc.(NASDAQ:QCOM) stock price trend forecast and trading range: 2023.1.3 From the stock price chart analysis, the semiconductor index is weaker than the NASDAQ index, and the stock price continues to fall after opening high today, although it has not fallen below the support  for the time being, but it is a matter of time, the probability of the stock price falling below the support is high. Short-term trading strategies sell to reduce risk and wait for increased certainty in the stock price before trading. Medium-term and long-term trading stock prices have a higher risk of falling and are not recommended to be held at present. From the analysis of financial statements, the revenue in the fourth quarter of fiscal 2022 was 11.395 billion US dollars, the market estimate was 11.37 billion US dollars, YoY + 22.05%, net profit was 2.873 billion US dollars, YoY + 2.68%, EPS 2.53 US […]

Sources said Qualcomm could lower the price of mid-range and entry-level Snapdragon phone processors, including the 400 and 600 series, in 2023. The short-term purpose of this price cut is most likely to reduce inventory, but industry insiders worry that this could be the beginning of a price war for mid-range and entry-level mobile SoCs. (Taiwan Electronic Times)