FILE PHOTO: A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo
(Reuters) -Qualcomm shares fell nearly 5% in early trading on Thursday as the looming loss of Apple as its biggest modem customer and higher dependency on premium smartphone chips outweighed its upbeat quarterly forecast.
Shares of the mobile chip designer were last down at $152.55.
