Intel plans chip price hikes due to 'inflationary pressures'
It was almost inevitable, and now we know it's coming. Intel plans to raise the prices of various products this fall due to our common foe: inflation.that the chipmaker has begun telling customers that it plans to increase prices for a"majority of its microprocessors and peripheral chip products."
This includes CPUs for servers and PCs as well as Wi-Fi chips and connectivity silicon. The semiconductor giant did not specify to us which products would be impacted. "On its [first-quarter] earnings call, Intel indicated that it would increase pricing in certain segments of the business due to inflationary pressures. The company has begun to inform customers of these changes," an Intel spokesperson said in a statement.
The price increases could reportedly range from single-digit percentages to, in some cases, more than 10-20 percent. However, plans have not been finalized, we were told. The move shouldn't come as a surprise as the semiconductor industry, much like rest of the world, has been subject to rising materials and production costs this year. Last week,
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