Qualcomm is trading at $156.57, down 9.60%, after handset revenue fell 26% to $5.14 billion, below analyst expectations. - Shares slid in extended trading after the November 4 results. - Q1 EPS guidance of $2.15–$2.35 implied a $2.25 midpoint, below analysts’ $2.32 estimate. - Record automotive growth was a bright spot but did not offset handset weakness; semiconductor stocks also faced concerns about tighter U.S. AI data-center regulation after the midterm elections.