QUALCOMM Incorporated is trading 10.3% down at $20.43 amid a sharp tech-led risk-off move following stronger-than-expected U.S. jobs data and more hawkish Fed-rate expectations.
- The drop extends a volatile week and tracks a broader pullback in growth and semiconductor names.
- The Nasdaq has fallen nearly 3% as sector peers like Broadcom and Nvidia retreat on profit-taking and guidance-related pressure.