🔴 Qualcomm Incorporated is trading 3% down today as investors lock in profits following its sharp post-Dragonfly AI rally

Qualcomm Incorporated is trading about 3% down in pre-market at $233.60, giving back part of its recent AI-fueled gains.

• The move follows a 5.4% gain on June 2, 2026, after the company’s Dragonfly AI brand launch and a rebound from a prior selloff.
• With no new company-specific headlines overnight, traders appear to be locking in profits as AI chip peers trade around record levels and broader futures remain mixed.