Qualcomm shares gain despite forecast

Posted on July 18, 2012 at 17:44 PM EDT

Wireless chipmaker sees a “back-half loaded” year as supply situation improves, but forecast for September quarter is weaker. Investors bid up the stock after hours following a sharp selloff over the last three months.

Related Stocks:

Apple, Inc. Google, Inc. Microsoft Corp Qualcomm, Inc.

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