Qualcomm raising chip prices by double digits, blaming AI-driven costs

Qualcomm told customers that double-digit price increases take effect September 1, 2026. The company says it can no longer absorb higher costs from its chip supplier, TSMC, which faces production shortages driven by demand for AI data centers. Qualcomm's chips run Samsung Galaxy phones, Microsoft Copilot+ PCs, and Meta's Ray-Ban smart glasses.