Qualcomm second-quarter revenue beats estimates, shares rise

(Reuters) - Qualcomm Inc on Wednesday beat Wall Street estimates for quarterly revenue and forecast current-quarter sales largely in line with expectations even though several other chipmakers had flagged concerns of a significant hit from the coronavirus outbreak.Total revenue for the company rose about 5% to $5.22 billion (4.19 billion pounds) in the second quarter ended March 29, beating analysts' estimates of $5.03 billion, according to IBES data from Refinitiv.Shares of the company were up..