Qualcomm Stock Downgraded by President

This is a Qualcomm news story, published by MSN, that relates primarily to Apple news.

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Qualcomm

Investing.com

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Qualcomm downgraded as Apple split and licensing woes loom

Summary

Nutrition label

81% Informative

Apple 's move to in-house modem chips is poised to significantly erode Qualcomm ’s profits in the coming years .

Qualcomm's stock has risen about 14% this year .

The San Diego -based company remains the largest supplier of smartphone chips, benefiting from a recovery in the smartphone market as consumers upgrade devices for artificial intelligence applications.

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Informative language

Neutral language

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formal

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English

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not offensive

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not hateful