Intel and AMD face worsening CPU supply constraints. These shortages impact major manufacturers including HP and Dell. Wait times for processors have extended from two weeks to several months.
Intel informed clients of planned price increases to offset rising costs. Average CPU prices have already increased between 10% and 15% this year. The company will raise prices for all CPU series starting in March.
Intel stock jumped following reports of the planned price hikes. Nikkei Asia and Investing.com first reported the supply issues and subsequent market reaction.