Intel Announces Price Hikes For Its Microchips

Back in March, South Korean tech giant Samsung announced a price hike of up to 20% for its microchips, and now Intel has followed in its footsteps.According to a new report from Nikkei, the American semiconductor producer has begun informing its customers that the price of its chips will soon be going up by 10% to 20%. The company mainly attributes the hike to rising costs of production and says that while not the entirety of its offerings will see a price hike, it will be affecting the majority...