Qualcomm's smartphone chip sales miss estimates, shares fall

Published 05 Nov 2026, 08:13 IST

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Demand for lucrative high-bandwidth storage for AI servers has pushed up memory chip prices, raising the cost of consumer electronics and squeezing smartphone processor designers such as Qualcomm.

— The Economic Times

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Demand for lucrative high-bandwidth storage for AI servers has pushed up memory chip prices, raising the cost of consumer electronics and squeezing smartphone processor designers such as Qualcomm.

Coverage arrived over 5 hours — first from The Economic Times, latest from The Times of India.

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The Economic Times Center-Right Bennett, Coleman & Co. Current article 05 Nov 2026, 08:13 IST

Qualcomm's smartphone chip sales miss estimates, shares fall

Demand for lucrative high-bandwidth storage for AI servers has pushed up memory chip prices, raising the cost of consumer electronics and squeezing smartphone processor designers such as Qualcomm.

Read full article at The Economic Times ↗

The Times of India Center Bennett, Coleman & Co. 05 Nov 2026, 14:12 IST

Smartphones could get 30% costlier! How AI is driving up prices of your next upgrade

Rising demand for memory components due to the AI boom could increase the prices of budget smartphones. Jefferies reports that low-end devices may see price hikes of about 30 percent within the next few years. This price increase could lead consumers to postpone upgrades or buy second-hand phones…

Compare on Varta → Read at The Times of India ↗