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Qualcomm Raises Prices Amid Chip Shortage

Updated 2026-07-29 20:10 UTC 1 source Neutral

Qualcomm announced it will raise prices due to a memory chip shortage. The company's CEO, Cristiano Amon, stated that costs have increased and this will affect pricing.

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Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance

"Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.

2026-07-29 20:02 UTC