Why Now Is the Time to Be Cautious on Qualcomm Stock (NASDAQ:QCOM)
Qualcomm (QCOM), a leading semiconductor company, came under pressure on October 23 after Bloomberg reported that its long-term partner, Arm Holdings (ARM), was scrapping the license agreement between the two companies. I believe it’s time to be cautious about Qualcomm stock as this decision may adversely impact the company’s relationships with its main customers, potentially leading to a loss of revenue. Although Qualcomm enjoys a long runway to grow, aided by favorable long-term trends in the
