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Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

  • Posted on May 12, 2026
  • By CNBC
  • 0 Views
  • 1 min read
Qualcomm drops 13% as chip stocks pull back from record AI-driven rally
Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

The recent rally has shown a broadening of the AI trade beyond chipmaking giant Nvidia.
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CNBC

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