Qualcomm rallies on signs smartphone market slump is easing

November 2, 2023

Qualcomm logo is seen in this illustration taken, May 8, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights

Nov 2 (Reuters) – Qualcomm (QCOM.O) rose nearly 6% on Thursday as its strong first-quarter forecasts signaled that the two-year-long slump in the smartphone market was easing, led by a recovery in China.…

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