Bloomberg reported, citing a letter, that Qualcomm told customers it could no longer absorb the price increase and would raise prices by double-digit percentages; Qualcomm's losses narrowed, and Nvidia rose 1.2% to set a new daily high
Bloomberg reported, citing a letter, that Qualcomm told customers it could no longer absorb the price increase and would raise prices by double-digit percentages. Qualcomm's losses narrowed, and Nvidia rose 1.2% to set a new daily high. The Nasdaq 100 index turned higher, and U.S. stocks fell 1.3% in early trading.