Qualcomm Raises Prices Amid Memory Crunch Following Light Q3 Earnings Guidance
Macro·2 articles across 2 outlets
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Qualcomm CEO Cristiano Amon announced that the company will increase prices due to rising costs. This decision comes as Qualcomm issued a light earnings guidance for the third quarter of 2026.
Amon stated, "Cost went up, prices are going to go up," indicating the company's response to the ongoing challenges in the semiconductor market.
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“Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.”
CNBC — Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance