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Home›Earnings›Guidance›Qualcomm signals higher prices amid memory crunch

Qualcomm signals higher prices amid memory crunch

Reported · Written up by our desk · Guidance

Qualcomm said it expects to raise prices as costs increase during a memory crunch, according to CNBC Markets.

The company attributed the pressure to higher costs, with CEO Cristiano Amon stating that cost went up and prices are going to go up.

Separately, Qualcomm’s guidance was described as light by CNBC, as the chipmaker addressed its outlook alongside the pricing commentary.

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Sources

CNBC MarketsQualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
CNBC EarningsQualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance

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