If you are wondering whether QUALCOMM’s current share price really reflects what the business is worth, you are not alone. The stock closed at US$145.82 recently, with returns of 3.2% over 7 days, a 4.7% decline over 30 days, a 15.7% decline year to date, and a 3.5% decline over 1 year. The 3 year and 5 year returns sit at 25.3% and 26.5% respectively. These mixed returns have kept interest in QUALCOMM alive, as investors weigh its long term role in semiconductors against shorter term share…