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Intel plans price increase in Q4

BoBoard Hall sources said that Intel issued the latest notice: is expected to start from 2022 Q4 for all products plan to implement price increase policy, the range of 10-20%, while will involve INTEL motherboard chipset products.

Intel released its second-quarter earnings in July this year and later confirmed that it would raise pricing for all of its major products, including CPUs.

After releasing its Q2 2022 results, Intel said it missed its double-digit revenue and earnings per share targets. Intel’s customer computing and data center divisions both saw huge declines in revenue, and while the company reiterated that they are trying to do better and launch a very good set of products in the second half of 2022, it will be raising prices on most of Chipzilla’s components, including CPUs.

In fact, talk of a price increase by Intel has been under discussion for months, with previous reports claiming that Intel would increase the price of CPUs and other components by 20 percent. The list of affected products includes CPUs for client computing servers and a list of other components, such as Wi-Fi connectivity controllers.

It’s worth noting that the three CPU and chip divisions mentioned above are Intel’s primary businesses, and the company expects pricing for certain products to rise from single digits to 10-20 percent, but the final price has not yet been determined, although Intel has communicated with its partners and customers to prepare for the price increase.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
Threza Gabriel is a news writer at TechGoing. TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.