Later this year, Intel may raise CPU prices by as much as 20%.

Although the price rise hasn’t been set in stone yet, Intel intends to raise the cost of its CPUs and chips by as much as 20%. The price rises will affect a large variety of Intel’s other components, including Wi-Fi and other connections, as well as the company’s flagship CPUs. The shift is anticipated to increase the price of PCs and laptops during the holiday season, according to reports that Intel has already alerted customers of pricing increases. On its Q1 earnings call, Intel had issued a price rise warning and hinted that it would happen due to “inflationary pressures.” The Verge points out that rising labour, material, and transportation prices are other considerations.