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Qualcomm, a leading global supplier of smartphone chips, unveiled its financial report for the first fiscal quarter of 2025, reporting growth in both revenue and net profit. Nevertheless, the company's share price declined approximately 4% in after-hours trading, as investors voiced concerns over potential stagnation in demand for new smartphones. Qualcomm forecasted revenue for the upcoming quarter to range between $10.3 billion and $11.2 billion, with technology licensing revenue anticipated to be $1.25 billion to $1.45 billion, falling short of analysts' expectations of $1.4 billion. Qualcomm's Chief Financial Officer noted that the overall market in 2025 is expected to remain stable or achieve modest single-digit growth. Despite the financial report surpassing expectations, investors' uncertainty about the company's future growth potential has fueled concerns.
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