Wall Street is bracing for impact as Qualcomm drops its Q3 report this Wednesday. With shares dipping 10% recently, investors are desperate for proof that smartphone demand and AI momentum can survive the current tech slowdown.

Can the chip giant defy rising inventory levels and shaky guidance? All eyes are on this crucial bellwether to see if the semiconductor rally holds.

Can the chip giant defy rising inventory levels and shaky guidance? All eyes are on this crucial bellwether to see if the semiconductor rally holds.