Intel warned that it will raise prices on its processors. The price increase will also affect motherboard chipsets.
The reason: the company itself develops chipsets - they just fall under the general price increase program. The prices will increase in the fourth quarter.
How will this affect the company's results?
The coming recession is hitting the industry and Intel has already lowered its demand forecast for 2022.
The company will probably cut production, but whether it will have enough to offset that decline with higher prices is an open question.
On top of that, Intel has started building two $100 billion factories, which it may spend money from Biden's new chip law on.
