neutral
Recently
Qualcomm Shares Slip After Mizuho Flags iPhone Risk
Qualcomm stock slipped to around $146 after Mizuho flagged iPhone dependency risks and warned of potential long-term earnings pressure.
Qualcomm shares came under pressure after Mizuho cut its rating, citing rising dependence on Apple and potential volume risks linked to future iPhone cycles. The brokerage warned that Apple’s in-house modem development could weigh on Qualcomm’s earnings visibility. During trading, Qualcomm stock hovered near $146. Investors reacted cautiously as concerns grew around long-term customer concentration, even though demand from non-handset segments remains stable.