Developing story — details emerging. Check the source link for the latest updates.
Source: [Seeking Alpha](https://seekingalpha.com/article/4917450-rspt-how-this-equal-weight-tech-fund-is-navigating-the-ai-boom?source=feed_all_articles)
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The once-high-flying AI chip maker’s stock has now dropped more than 50% from its all-time intraday high hit six weeks ago.
Shares of Qualcomm soared on Wednesday after the company announced new revenue targets.
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