Qualcomm is trading 4.6% down now at ARS 24,170 as part of a broad pullback in semiconductor and AI-related stocks, with investors taking profits after a strong recent run.
- There is no fresh company-specific news or rating change today; the move aligns with a sharp sector decline.
- The sell-off is driven by concerns over high AI valuations, heavy capex spending, and a crowded chip trade.