ATLAS News · Technology

Qualcomm in focus: SpaceX 5G deal, chip shortage remarks and layoff reports

Published November 13, 2026 · 4 sources

Reports cover Qualcomm's deal with SpaceX for Starlink Mobile, its CEO on a chip shortage, valuation and falling estimates, and layoffs after reviews.

What happened

Several outlets published Qualcomm (QCOM) news on the same day. Forbes reports that the company landed its biggest 5G deal with SpaceX for Starlink Mobile.

Yahoo Finance reports that Qualcomm's CEO described the chip industry as being in an extreme shortage. Foreign Policy Journal writes that the stock carries a premium valuation even as earnings estimates keep falling.

Samfiru Tumarkin LLP reports that Qualcomm has begun layoffs in November 2026 following performance reviews. The sources do not give further details on the scale of the layoffs or the terms of the SpaceX deal.

Context

Qualcomm is a major designer of chips for smartphones and wireless connectivity, so its business is closely tied to the broader semiconductor supply picture.

Why it matters

The reports touch on Qualcomm's growth opportunities, supply conditions, valuation and workforce, all of which may shape how the company is viewed by the market.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

QUALCOMMQCOM

−2.64%

Technology · NASDAQ

Live price

$172.47▼ -2.64%

live price · USD

Close on November 13: $172.47−2.64% vs. previous close ($177.14)
Fair value (ATLAS): $219.82Fair range: $94.67 to $291.09The price ($172.47) is 21.5% below that figure.
Chance of a rise in 1 month: 48%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $154.78 and $189.05; 9 in 10, between $129.64 and $225.72.

See the full ATLAS analysis of QUALCOMM →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Qualcomm Lands Its Biggest 5G Deal With SpaceX For Starlink Mobile · Forbes · November 13, 2026
Qualcomm’s CEO Says Chipmakers Are in an “Extreme Shortage” · Yahoo Finance · November 13, 2026
Qualcomm (NASDAQ: QCOM) Carries A Premium Valuation Even As Earnings Estimates Keep Falling · Foreign Policy Journal · November 13, 2026
Qualcomm Begins November 2026 Layoffs After Performance Reviews · Samfiru Tumarkin LLP · November 13, 2026

Latest market news · Markets today on ATLAS · QUALCOMM

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Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer