Qualcomm is trading 10.04% down at $155.80 after its November 4 earnings release, as handset-chip revenue and first-quarter guidance disappointed. - Quarterly revenue and adjusted EPS exceeded consensus, but handset-chip revenue fell 26% to $5.14 billion. - The first-quarter EPS guidance midpoint was below analyst expectations; record automotive growth has not offset concerns about Qualcomm’s handset business and profit outlook. - The Philadelphia Semiconductor Index fell 3.13% amid concerns about tighter AI data-center regulation after the U.S. midterm elections.