It is reported that Intel Corp will raise the price of many kinds of chips this autumn to cope with the rising cost.

Nikkei Asia reported that Intel Corp has told customers that the prices of most microprocessors and peripheral chip products will be raised this autumn, mainly due to rising production and material costs.

Intel Corp plans to raise prices for flagship products such as servers and PC processors, as well as a range of other products, including WiFi and other connection chips, this autumn, according to three industry executives. Intel Corp told customers that this price increase is necessary because of the soaring cost of production and materials.

Different types of chips may vary, with increases ranging from single digits to more than 10% and 20% in some cases, which have not yet been finalized, a person familiar with the matter said.