Qualcomm shares fall after China opens antitrust probe into the U.S. chip giant
1. Qualcomm's shares fell 3% amid China's investigation into its acquisition of Autotalks. 2. Chinese regulators suspect Qualcomm of violating anti-monopoly laws during the acquisition. 3. This investigation raises tensions between the U.S. and China ahead of crucial meetings. 4. Qualcomm supplies major Chinese companies, including Xiaomi, potentially affecting its market. 5. China has recently escalated regulatory scrutiny of U.S. tech firms and their acquisitions.