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PC parts prices rise as inflation continues

Inflation has continued to plague the countries of the world and their economies. Gas prices, food, and other essentials now have higher prices. The cost of living in almost every country is greater. PC parts are no exception to this, of course. Tech giant Intel is planning to raise the prices of many of its products, according to The Register.

Intel plans to increase prices for chipsets, FPGAs, and more. There aren’t exactly specific products that will have increased prices, but almost all of its lines will likely have higher prices. Although nothing is concrete, there could be a 10-20 percent increase in prices – a huge amount for technology-related products.

Other companies will likely also increase their product prices, especially for chips, as the whole semiconductor industry has been on a slow decline due to inflation. It’s important to note that semiconductors are integral parts of any CPU, so as a result, the overall prices of PCs will be higher. As a result, it’s unsurprising that the PC market has been experiencing a sharp decline in the past months.

According to Gartner, PC shipments were down about 12.6 percent in the last quarter, which is the biggest decline for the market in nine years.

So, people who want to assemble a new PC or upgrade their current one should play the waiting game for a bit. Prices will only increase this year as the global economy becomes more unstable. There are other priorities to think about anyway – rent, food, gas, and all the necessities an adult would need. Although it would be cool to be one of the first to buy a fancy new Ryzen processor, it’s best to sit back and wait for all the crazy prices settle down a bit.

 

Other POP! stories you might like:

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Tips to save money while in the middle of an inflation, as shared by POP! readers

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