Markets
7.3
Nasdaq Falls 2.58% on AI Capex Concerns After Earnings
Published 6 h ago1 sourceEvidence: Reported
SeverityHighAssessedDeveloping storyInfobaeLow-rated sourceUS
Nordic Semiconductor reported Q3 2026 operating profit of $27M, up from $4M a year ago but below analyst expectations. The miss suggests slower-than-expected recovery in IoT/semiconductor demand, pressuring the stock and signaling potential softness in the sector.
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