What's going on with Qualcomm shares falling today?
QUALCOMM, Inc. QCOM shares are trading down 3.67% at $127.43 on Thursday afternoon. Shares of several chip and semiconductor companies are trading lower after the US government imposed export restrictions on chipmakers.
In a Form 8-K filed with the SEC, Nvidia said that on August 26, the U.S. government informed the company that it had imposed a new licensing requirement for any future export to China to address the risk that some products may be used for military purposes in China and Russia...Read more
See also: Why Virtual Cloud Technologies U.S. Stock is Hammered Today
According to Benzinga Pro data, Qualcomm has a 52-week high of $193.58 and a 52-week low of $118.22.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
QUALCOMM, Inc. QCOM shares are trading down 3.67% at $127.43 on Thursday afternoon. Shares of several chip and semiconductor companies are trading lower after the US government imposed export restrictions on chipmakers.
In a Form 8-K filed with the SEC, Nvidia said that on August 26, the U.S. government informed the company that it had imposed a new licensing requirement for any future export to China to address the risk that some products may be used for military purposes in China and Russia...Read more
See also: Why Virtual Cloud Technologies U.S. Stock is Hammered Today
According to Benzinga Pro data, Qualcomm has a 52-week high of $193.58 and a 52-week low of $118.22.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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