We’ve covered soaring “chipflation” for months and the trend does not seem to be abating. Nvidia is reportedly informing its largest customers to expect price hikes of at least 15% for next year, possibly to set expectations of a still larger move upward… and meanwhile the semi component in the PPI looks like a 2021 memecoin:
All this has earned the attention of FTC Chair Andrew Ferguson, who apparently enjoys building his own personal computers. In an interview last week in Aspen, Ferguson said he was floored by the recent explosion in prices.
“I build my own desktops at home mostly for fun, and a year ago, I decided that my rig needed to be updated, and I was like, ‘Oh well, you know, RAM is pretty cheap right now, maybe I’ll do that.’ And then the job got busy, and I was like, ‘I’ll take a look at this later.’ In six months, I looked at RAM prices and went, ‘Oh my God, I’m not building this right now. This is crazy.’”
As we covered last month, consumer electronics across the board are forecasting price hikes in the double digits, with Samsung tablets and Xbox cons
