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Qualcomm to pursue double-digit chip price hike starting September 1

Digital Trends +3 ·

QCOM Qualcomm Inc
$155.29 -4.66%
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  1. 1Qualcomm (QCOM) has reportedly sent letters to major customers notifying them of a double-digit increase in chip prices.
  2. 2The hike will take effect September 1, 2026, with orders placed after that date carrying the higher pricing.
  3. 3The company said its ability to absorb supplier costs has been exhausted, and shares rose on expectations of revenue growth.

This 3-line summary is compiled from the report below.

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