Qualcomm Shares Fall After Chip Margins Warning
Qualcomm reported better-than-expected revenue but warned of weaker margins ahead in its chip-design segment. Its shares fell in premarket trading Thursday.
By Adam Levine and Nate WolfShares of Qualcomm fell in premarket trading Thursday after the chip maker reported better-than-expected revenue but warned of weaker margins ahead in its chip-design segment.The results were a blow to Qualcomm shareholders, who began Wednesday celebrating a big new deal…