Intel has raised the pricing of its 12th-gen Alder Lake processors in its online Ark product database, reflecting a 10% increase in pricing for the company's previous-gen desktop PC chips. In some cases, that can be a ~$60 increase in the price for a chip:
For now, the company's newer 13th-gen Raptor Lake processors, which come with more cores and drastically faster performance, are actually less expensive than the previous-gen models. However, we expect the Raptor Lake models to also see price hikes soon, perhaps giving AMD a leg up in the pricing department.
[...] In an odd twist, that means the previous-gen Alder Lake models are now more expensive than the current-gen Raptor Lake chips. However, the latter comes with more cores and is significantly faster, topping both our list of the best CPUs for gaming and our CPU Benchmark Hierarchy, so we expect those chips will also see price hikes in the coming days.
I checked Ingram Micro to confirm and right now a 12th-gen i9-12900F 16-core 2.4GHz CPU is $502.26, while a 13th-gen i7-13700KF 16-core 3.4GHz is $404.27.
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Intel Cuts Pay to Cut Costs
New intel from Intel says that some employees at the company will be taking a pay cut—even the CEO.
Layoffs are ravaging the tech industry due to the wildly abstract threat posed by "the economy," but Intel is taking a different approach. Instead of laying off thousands of its workforce, the company has seemingly decided to make sweeping pay cuts from 5% to 25%.
Dylan Patel first reported on the pay cuts in his newsletter SemiAnalysis yesterday. Patel says that multiple employees have relayed to him that Intel is looking to cut costs to meet its quarterly dividend, and some employees are the ones footing the bill. According to a source within Intel, employees below and including Principal Engineer will be receiving a 5% pay cut with the exception of hourly and junior-level employees, who will not be affected by the cuts. Glassdoor and a Google Jobs posting reveal that Principal Engineers can make upwards of $170,000 at a minimum.
Likewise, VPs are taking a 10% hit, the executive leadership team is taking a 15% cut, and CEO Pat Geslinger will cut his salary by 25%. In addition to the pay cuts, there will be no quarterly or annual bonuses for now, merit-based raises are paused, and 401k match is is being reduced from 5% to 2.5%. Intel is still reportedly planning to lay off several hundred employees in California according to local media, which is still drastically less than other tech companies.
And it isn't only pay that is being cut...
(Score: 3, Insightful) by looorg on Thursday January 05, @01:55PM (3 children)
Question then -- what is wrong with the 13th generation? Or why is the 12th superior? Clearly the last good batch in a while then so it requires premium pricing. I don't think they can start to take "retro-" prices just yet.
(Score: 3, Touché) by RamiK on Thursday January 05, @03:26PM (2 children)
There's nothing wrong with them. Intel is simply helping its cartel partners clear old stocks by coordinating a 10% inflation markup.
compiling...
(Score: 0) by Anonymous Coward on Thursday January 05, @07:12PM (1 child)
Thus making it a good time to switch to AMD ?
(Score: 2) by RedGreen on Friday January 06, @12:14AM
"Thus making it a good time to switch to AMD ?"
Good time to tell them all to go fuck themselves and keep your current machine for a few more years. I was thinking of upgrading my machine but then looking at the thieving pricing they want that is the conclusion I came too. The only time I really need faster processor is when I do some encoding of video files. Even then I can just start up my spare 6 core machine I bought and built when prices were reasonable few years ago. With two machines going at it it just about halves the time if I get real desperate then I fire up one of the many four cores I have, to help as well. Same for hard drives I usually upgrade one of my four storage machines and their RAID setup every year about this time. Did it last year getting some 4TB HDs at reasonable price this year, the year of the parasite cocksucker corporations stealing our money, no such deals are to be had. They will wait until the drives start to die before they get another upgrade, fuck them corporations and their theft. If more people took this track and told them to stick their goods straight up their ass we just might get some reasonable pricing again, when they get desperate to get some cash coming in...
"I modded down, down, down, and the flames went higher." -- Sven Olsen