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INTC Intel Corporation

32.39
-2.11 (-6.12%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.11 -6.12% 32.39 32.38 32.40 35.295 34.50 34.56 66,547,614 01:00:00

Intel Plans to Raise Prices on Wide Range of Products, Nikkei Reports

14/07/2022 10:06am

Dow Jones News


Intel (NASDAQ:INTC)
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--Intel Corp. has told clients that it will raise prices for most of its microprocessors and peripheral chip products later this year, Nikkei reported.

--Raising product prices is necessary for the company due to rising production and materials costs, the Nikkei report said, citing three industry executives.

--Percentage increases haven't been finalized as they would depend on the type of chip, and are likely to range from single-digit increases to over 10% and 20% in some cases, according to one of the executives.

 

Full story: https://s.nikkei.com/3RyodfH

 

Write to Justina Lee at justina.lee@wsj.com

 

(END) Dow Jones Newswires

July 14, 2022 04:51 ET (08:51 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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