Intel will now raise prices on many of their processors and chips by up to 20% later this year, meaning more price increases on PC products ranging from laptops to servers amidst dropping sales and weakening demand. Intel effectively confirmed the news, referring back to their quarter one earnings call.
With the uprising, COVID-19 cases, and people staying at home, PC sales increased dramatically in 2021. But that bubble just burst as key Intel buyers like Acer, Asus, and others have warned of slowing sales ahead. Acer is no longer even seeing a shortage of chips.
Rival chip maker TSMC said that they would raise prices by a single-digit percentage starting next year since that company manufacturers AMD ship’s consumers won’t find as much price relief by switching brands either. Some device makers are still building up inventories, which means some great deals in the short term. However, what happens in the longer term is still less clear as Samsung has also told suppliers to stop shipping parts used to manufacture their PCs, TV’s and other devices.
