Chipmakers face headwinds as smartphone sales decline

Semiconductor companies like Qualcomm and AMD are seeing slowing demand as smartphone sales drop.
Lower smartphone sales are negatively impacting suppliers like Qualcomm, but some analysts see a recovery ahead.
Despite smartphone pressures, chipmakers like AMD beat earnings estimates in the latest quarter.
Analysts are mixed on near-term outlooks for semiconductor stocks given macroeconomic uncertainty.
Some firms recommend looking for value opportunities in beaten-down chipmaker stocks.