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Should QCOM Stock Be in Your Portfolio After a Three-Month Slump?

2025-04-23 09:45:03| Spiritual Career Counseling

News/Zacks/Should QCOM Stock Be in Your Portfolio After a Three-Month Slump?4 min readHPEQCOMAVGOQualcomm Incorporated QCOM shares have plunged 20.6% over the past three months compared with the industrys decline of 34.7%. However, it has outperformed peers like Hewlett Packard Enterprise Company HPE and Broadcom Inc. AVGO. Hewlett Packard has slumped 42.6% and Broadcom is down 36% over this period.Much of this malaise can be attributed to the continued U.S.-China trade spat and the resultant tariff war. The U.S. Commerce Department has long imposed various trade restrictions against China that banned the sale of high-tech equipment, chips, components and related technology to develop high-end smartphones and artificial intelligence (AI)-enabled chips. With President Trump imposing fresh levies on China in his second term in office, Beijing has also put reciprocal tariffs in place as a tit-for-tat measure, adversely impacting Qualcomms revenues.The latest bone of contention is the...


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