---
format: "aidr-story-markdown/v1"
id: "113d689107d0e0075c8b95b704408519180dfa37a6339cc6eaac776dba7a5248"
canonical_url: "https://aidr.today/113d6891?lang=en"
title: "Qualcomm Shares Sink More Than 10% After Fourth-Quarter Smartphone Revenue Slump"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-11-05T13:38:43.000Z"
category: "Industry"
topics: ["qualcomm","smartphone"]
source_urls: ["https://marketbrief.now/earnings/qualcomm-shares-sink-more-than-10percent-after-fourth-quarter-smartphone-c3ced73f","https://x.com/wallstengine/status/2118087081473839269","https://x.com/TheTranscript_/status/2118090897577619840","https://x.com/RealNickMugalli/status/2118086511023292516","https://x.com/PatrickMoorhead/status/2118088841806377411","https://x.com/PatrickMoorhead/status/2118118288408600775","https://huggingnews.com/earnings/qualcomm-shares-sink-more-than-10percent-after-fourth-quarter-smartphone-c3ced73f"]
summary: "Qualcomm's stock fell over 10% after its fourth-quarter handset chip revenue dropped 26% to $5.14B, despite overall adjusted revenue of $10.44B and earnings of $2.17 per share. The company reported an 89% increase in automotive revenue to $1.99B and projected first-quarter data center sales above $650M, citing supply constraints as a limit on data center growth. Qualcomm also noted that baseline gross margins are expected to return to the 48% to 50% range once pending price increases are implemented."
---

# Qualcomm Shares Sink More Than 10% After Fourth\-Quarter Smartphone Revenue Slump

> [Open the canonical story](<https://aidr.today/113d6891?lang=en>)

**Published:** 2026-11-05T13:38:43.000Z
**Category:** Industry
**Topics:** qualcomm, smartphone

## Summary

Qualcomm's stock fell over 10% after its fourth\-quarter handset chip revenue dropped 26% to $5\.14B, despite overall adjusted revenue of $10\.44B and earnings of $2\.17 per share\. The company reported an 89% increase in automotive revenue to $1\.99B and projected first\-quarter data center sales above $650M, citing supply constraints as a limit on data center growth\. Qualcomm also noted that baseline gross margins are expected to return to the 48% to 50% range once pending price increases are implemented\.

## Sources

- [Story source](<https://marketbrief.now/earnings/qualcomm-shares-sink-more-than-10percent-after-fourth-quarter-smartphone-c3ced73f>)
- [Story source](<https://x.com/wallstengine/status/2118087081473839269>)
- [Supporting source](<https://x.com/TheTranscript_/status/2118090897577619840>)
- [Supporting source](<https://x.com/RealNickMugalli/status/2118086511023292516>)
- [Supporting source](<https://x.com/PatrickMoorhead/status/2118088841806377411>)
- [Supporting source](<https://x.com/PatrickMoorhead/status/2118118288408600775>)
- [Story source](<https://huggingnews.com/earnings/qualcomm-shares-sink-more-than-10percent-after-fourth-quarter-smartphone-c3ced73f>)