Qualcomm releases Android chip built for AI as memory shortage weighs on smartphone market

Qualcomm released an Android chip built for AI, according to CNBC Technology, as the overall smartphone market is expected to contract 14% in units shipped in 2026 amid a memory shortage. The launch pairs a new AI-focused mobile processor with a forecast decline in handset shipments.

Qualcomm releases Android chip built for AI as memory shortage weighs on smartphone market Source: CNBC Technology https://www.cnbc.com/technology/ The overall smartphone market is expected to contract 14% in terms of units shipped in 2026. Get AI news in your inbox Daily digest of what matters in AI.