Qualcomm gives subdued quarterly profit forecast as component costs rise

Published Wednesday, November 4, 2026 · 5:45 PM EST

Qualcomm gave a lackluster profit forecast for the current quarter, Bloomberg reported. The outlook signals that the company, the largest maker of smartphone processors, continues to grapple with higher component prices that are weighing on its profit expectations.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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