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AMD and NVIDIa to hike prices for the chips

Both AMD and Nvidia will raise the prices of their consumer GPUs “significantly” this year. If this report is true, both companies will have pushed these price hikes by next month.These price hikes will come as a result of the high cost of memory in the computer hardware market right now. This increased cost has been caused by construction of widespread AI data centres, which has resulted in a huge demand for such components. This price hike will continue to get worse too.While an initial price increase will reportedly go into place in January for AMD and February for Nvidia, both companies will continue gradually increasing the price throughout the year. Is this likely to slow down the AI development ?

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