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Intel, other chipmakers warn of price hikes

Major chip vendors including Intel are telling customers that they’re set to begin hiking chip prices in the fourth quarter as they deal with increasing costs and supply shortages.

The rumor initially started with Intel. Now Qualcomm and Marvell Technologies have also begun informing customers of price increases, according to a report from Taiwanese publication DigiTimes.

“On its Q1 earnings call, Intel indicated it would increase pricing in certain segments of its business due to inflationary pressures. The company has begun to inform customers of these changes,” an Intel spokesperson said in a statement to me.

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Source:: Network World – Data Center