Intel is preparing to raise the prices of its CPUs and chips. According to Nikkei, the chipmaker will raise prices on its flagship CPUs and a wide range of other chips, including Wi-Fi and other connectivity chips, later this year. Intel has already notified its customers of the price increases, which will almost certainly result in additional PC and laptop price increases during the holiday season.
According to Nikkei, pricing has not been finalized, but some chips could see a 20% price increase. Intel warned earlier this year that it was considering raising the prices of certain chips due to ongoing inflation and rising costs of materials, shipping, and labor. “Intel indicated on its Q1 earnings call that it would increase pricing in certain segments of its business due to inflationary pressures,” an Intel spokesperson tells Nikkei. “The company has started informing customers about these changes.”