Intel CPUs are reportedly getting a 10 percent price hike in October
Price Hike and Profitability Shift
Intel's PC CPUs may get more expensive in a few weeks, with Digitimes reporting that Intel has a 10 percent price hike planned, following similar increases earlier this year. According to Digitimes, the price hike is part of a shift for Intel toward increasing profitability for its PC CPU business, rather than keeping prices low to try to expand its market share.
Competitive Pricing and Workforce Changes
Intel CPUs are reportedly getting a 10 percent price hike in October Intelβs latest price hike would come just a month after competitor Qualcomm raised its chip prices. Intelβs latest price hike would come just a month after competitor Qualcomm raised its chip prices. Digitimes also says Intel may be planning to cut another five to ten percent of its staff, although it may also bring in new hires at the same time.
Small Core Line End-of-Life
Additionally, the report claims Intel could soon put its Small Core line in end-of-life, but this would mainly impact industrial PCs and IoT tech, not consumer PCs.
Financial Performance and Component Shortages
Intelβs price hike would come just a month after Qualcomm raised its chip prices on September 1st. In July, Intel reported its βstrongest revenue growth in more than fifteen years,β largely driven by its:
- data center
- AI business
Meanwhile, ongoing component shortages have been driving up prices on everything from: - RAM
- laptops
- phones
and the higher prices could last for years.
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