Qualcomm sinks after earnings, leading postelection chip sell-off
Chipmakers plummeted on Thursday, with Nvidia pushing the Nasdaq to its worst day in 19 months, after this week’s midterm election results raised concerns on Wall Street that the artificial intelligence buildout is poised to slow down. Neoclouds like CoreWeave tumbled for a second straight day. Qualcomm contributed to the selloff after issuing a disappointing…
