Wall Street had braced for a bumpy ride as Qualcomm Inc. navigated an oversupplied market for smartphone chips, but the chip maker’s stock still got T-boned Thursday after a disappointing Read more
Tag: shortfall
Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street
Wall Street had braced for a bumpy ride as Qualcomm Inc. navigated an oversupplied market for smartphone chips, but the chip maker’s stock still got T-boned Thursday after a disappointing Read more
AMD stock drops as $1 billion shortfall blamed on even weaker-than-expected PC sales
Advanced Micro Devices Inc. shares fell in the extended session Thursday after the chip maker cut its already conservative forecast because a drop in PC sales after two years of Read more
Australia faces damaging domestic natural-gas shortfall in 2023, watchdog says
SYDNEY — Australia faces an economically damaging domestic gas-supply shortfall in 2023 and the government should work with producers to immediately redirect liquefied natural gas intended for export, the country’s Read more