Update: Market Chatter: Intel May Raise PC CPU Prices Another 10% in October; Shares Rise in Afternoon Trading

02:16 PM EDT, 09/08/2026 (MT Newswires) -- (Updates with recent stock movement in headline and first paragraph.) Intel (INTC) shares were up 9.5% in afternoon trading on Tuesday after a Digitimes report citing supply chain sources that the company is expected to raise PC CPU prices by another 10% in early October. Intel has already raised prices several times since late 2025, including about 10% in Q1 of 2026 and a further increase in July, with some consumer and server CPUs rising by dozens of dollars to more than $1,000, the sources reportedly said. Intel may also phase out some low-margin small-core chips, potentially opening opportunities for Arm-based rivals Qualcomm (QCOM) and MediaTek in industrial PCs, edge computing and IoT, Digitimes reported. Intel did not respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 104.94, Change: +9.14, Percent Change: +9.54