Arm, Qualcomm stocks fall as investors wait for AI to drive new demand for smartphones, PCs
- Posted on February 6, 2025
- By AOL
- 6 Views
Arm, Qualcomm stocks fall as investors wait for AI to drive new demand for smartphones, PCs
Arm and Qualcomm stocks dropped more than 5% early Thursday despite their above-forecast quarterly earnings results the day prior — a sign that investors aren’t so patiently waiting to see if artificial intelligence will drive a wave of demand for consumer devices that rely on the companies’ chips.
