Qualcomm has reportedly raised supplier prices for its Snapdragon X and Snapdragon X2 Elite processors by approximately 10% as of October 1, 2026. Rival Intel has also raised prices, amid surging global demand for AI-capable laptops and PCs and higher manufacturing costs at key fabrication plants.
The increases highlight intense competition for advanced foundry capacity as chipmakers prioritize high-margin AI designs. Strong demand for Qualcomm’s PC platforms could boost its revenue, but higher costs may be passed on to consumers and affect the broader PC market.