INTC ▲ +3.0% - Intel Corporation
$INTC Intel: Reportedly Plans Another 10% PC CPU Price Hike in October ? • DIGITIMES says the increase is aimed at improving gross margins rather than gaining market share, as global PC shipments are expected to fall to roughly 250M units in 2027. • Intel is reportedly considering discontinuing its low-margin Small Core lineup, potentially opening opportunities for Qualcomm and MediaTek in industrial PC and IoT markets. • The company may also cut another 5%–10% of its workforce, with headcount currently around 75,000.
Intel rose 3.0% following reports of planned price increases and cost-cutting measures aimed at improving profitability. The company reportedly plans to raise PC CPU prices another 10% in October and is considering discontinuing its low-margin Small Core product line, while potentially reducing headcount by another 5–10% from its current 75,000 employees—moves that suggest management is prioritizing margin expansion in a weakening PC market expected to ship roughly 250 million units in 2027.
08-SEP-2026 05:18 AM ET
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