Intel Corp has started informing customers of its plan to raise prices for many of its chip products.
The price hike is due to rising costs.
Intel had teased the move in its first-quarter earnings call on April 28.
Nikkei reported that the price increases could come into effect in autumn.
The percentage increases are likely to range from a minimal single-digit increase to more than 10% and 20% in some cases, according to the report.
The price hikes have not yet been finalized yet but it could cover Intel’s flagship products such as central processing units for servers and computers, as well as items including chips for Wi-Fi and other connectivity, Reuters quotes the Nikkei.
Intel’s move comes amid a supply-chain crisis triggered by the global pandemic that has deprived makers of personal computers and smartphones to cars of computer chips needed to make their products.
