Qualcomm confirmed a double-digit price hike on Snapdragon chips for shipments after September 1, 2026, citing rising costs from TSMC and a memory shortage that CEO Cristiano Amon says is diverting chip supply to AI data centers. The increase hits far more than phones, reaching wearables, smart glasses, laptops and IoT hardware, and startups building on Snapdragon silicon have the least room to absorb it.
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