Why Qualcomm (QCOM) Stock Is Down Today What Happened? Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 5.8% in the afternoon session after rally momentum faded, a Samsung 2nm pricing standoff left manufacturing talks drifting toward 2027, and chip stocks joined a broader tech selloff tied to rising yields. StreetInsider reported that support from the Snapdragon Summit, an Apple patent renewal, and an AWS partnership weakened as trading opened, with shares near about $190.51 in morning trade. TrendForce and Digitimes have reported that Qualcomm's discussions with Samsung on 2nm foundry work remain stuck on pricing and yields, with announced 2nm products still slated for TSMC and Samsung talks potentially stretching into 2027.
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