Qualcomm (QCOM) says Q2 FY26 guidance is to reflect significant industry-wide DRAM shortage as memory supplies shift capacity to AI-focused HBM, driving higher prices and constrained handset production

Qualcomm (QCOM) says Q2 FY26 guidance is to reflect significant industry-wide DRAM shortage as memory supplies shift capacity to AI-focused HBM, driving higher prices and constrained handset production.

Qualcomm's guidance for Q2 FY26 highlights notable challenges stemming from an industry-wide DRAM shortage, as production capacity pivots towards high-bandwidth memory for AI applications. This shift could exacerbate supply constraints for handsets and lead to elevated prices, suggesting potential revenue pressures not just on Qualcomm but across the semiconductor sector as a whole.