Movement Alert|Qualcomm Falls 3.18% in Pre-Market Trading, Samsung 2nm Foundry Negotiation Deadlock and Sector-Wide Weakness Weigh on Shares

Market Focus
Sep 14

On September 14, Qualcomm fell 3.18% in pre-market trading, trading near $174.99/share, with turnover of approximately $3.648 million. The decline reflects a convergence of company-specific and broader sector headwinds.

On the news front, negotiations between Qualcomm and Samsung Electronics over 2nm process foundry collaboration remain deadlocked due to pricing disagreements. Reports indicate the technology itself has achieved a considerable degree of stabilization, but the two sides have failed to narrow the gap on production unit pricing. Industry sources suggest that Qualcomm AP production using Samsung's 2nm process could be delayed until next year, with year-end mass production now uncertain. Samsung, having secured clients such as Tesla and Broadcom, is reportedly no longer willing to accept below-market pricing.

Meanwhile, Counterpoint data showed Q2 global smartphone shipments fell 21% year-over-year, with both Qualcomm and MediaTek chip shipments declining over 30%, pressuring Qualcomm's core handset business fundamentals. The broader semiconductor sector traded sharply lower, with Intel down 5.36%, Advanced Micro Devices down 4.78%, Micron Technology down 4.75%, Broadcom down 2.97%, and NVIDIA down 2.08%, amplifying negative sentiment across the group.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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