Intel plans to raise CPU prices this year

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Intel is about to raise the prices of its products. According to the report, the chip maker will raise prices on a wide range of chips later this year. The price increases will likely lead to more PC and laptop price increases during the holiday season, as Intel has already told its customers of the price increases.

Some chips could increase in price by 20 percent. Intel warned earlier this year that it was considering price increases for certain chips due to inflation and rising costs. On its Q1 earnings call, Intel indicated it would increase pricing in certain segments of its business due to inflationary pressures, according to an Intel spokesman. Customers of the company have begun to be informed of the changes.

Photo by Tom Warren / The Verge

PC shipments experienced a big decline, and inflation is already impacting average selling prices of PCs. Worldwide PC shipments dropped this quarter. According to a press release, the decline in the global PC market has been the worst in nine years.

The PC decline is blamed byGartner on inflationary pressure and a "steep downturn in demand for Chromebooks" The mix of energy, fuel, and food price increases has brought the PC market back to reality after two years of phenomenal growth.

The PC market declined in Europe, the Middle East, and Africa. After two years of very strong growth stimulated by COVID-19 and refreshed interest in PCs among consumers and the education segment, this is a major blow. Abandonment or complete relinquishment of operations in Russia due to the war in Ukraine had a bigger impact on the PC market than previously thought.

Photo by Tom Warren / The Verge

While the PC market is wobbly, the opposite is happening on the graphics side. Thanks to the ongoingcryptocurrencies crash, the greatGPU shortage ended last month. As a result of the flooding of the market with cards that are no longer profitable, new graphics cards are more readily available. The games with the 3080, 3080 Ti, 3090, and 3090 Ti cards have been bundled. We have seen a price drop for the RTX 3090 Ti and some other cards.

If you want to build a gaming PC or buy a pre-built one, now is a good time to do so because of the drop in the graphics card price. We are about to enter another era of processor and graphics upgrade, particularly with the arrival of the new 40-series graphics cards from Nvidia. If you really want the latest and greatest, you might want to hold off on buying it until after the year ends.