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Business
Qualcomm Plans Chip Price Hike
✍️ Asianet Newsable
🗓 25 Jul 2026, 12:03 AM
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Qualcomm reportedly plans to increase chip prices due to rising supply costs, causing its stock to drop 2%. The company is facing challenges in maintaining its profit margins.
Qualcomm, a leading chip manufacturer, is reportedly planning to increase the prices of its chips. This decision is attributed to the rising supply costs that the company is facing. As a result, Qualcomm's stock has dropped by 2%, indicating a negative impact on investor sentiment. The company's move to increase prices is likely to affect the overall cost of electronic devices that use Qualcomm's chips.