Qualcomm to raise processor prices from September 1

TL;DR: Qualcomm said it will raise prices on its processors starting September 1, according to comments by CEO Cristiano Amon reported on July 29, 2026. The company disclosed the change while reporting a 20 percent year-over-year drop in handset revenue in its latest quarterly earnings.

Qualcomm said it will raise prices on its products starting September 1, CEO Cristiano Amon said on Wednesday, according to CNBC as cited by The Verge on July 29, 2026. The Verge reported that the increase applies to all Qualcomm processors.

Qualcomm disclosed the planned price increase while reporting a 20 percent year-over-year decline in handset business revenue. The Verge said this was Qualcomm's lowest handset revenue result since 2021.

Qualcomm said in its quarterly earnings presentation that the handset revenue decline was due to “unprecedented increases in memory pricing.” The Verge also reported that price hikes had been rumored the previous week to be “a percentage in the double digits,” but Qualcomm's confirmed statement in the cited report did not specify an exact percentage.

Related questions

• When will Qualcomm's processor price increase start?
• What did Qualcomm say about the reason for its handset revenue decline?
• How much did Qualcomm's handset revenue fall year over year?