Chip Prices Are Going Up, and Electronics Prices May Soon Follow

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Chip Prices Are Going Up, and Electronics Prices May Soon Follow

As if it wasn’t already hard enough to find graphics cards, processors, and other devices, now they’re going to get more expensive as Taiwan Semiconductor Manufacturing Co. (TSMC) plans to increase prices.

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TSMC, the largest chip maker in the world, plans to increase its price by as much as 20% later this year or by early next year, according to a report from WSJ. Thankfully, most advanced chips made with processes under 16 nanometers will only go up by 10%, while older chips will see a more considerable 20% increase.

Many companies, including Apple, AMD, and Qualcomm, rely on TSMC. If these companies see a price increase of 20%, we can expect at least some of that increase to be passed to consumers at some point, making our devices even more expensive.

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