• Dr. Dabbles@lemmy.world
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    8 months ago

    I have information directly from the three main manufacturers. Demand is down, production is down, so in order to not show losses on the balance sheet prices went up.

    TSMC did the same thing last year- raised prices by around 27% for all customers. Because demand is way, WAY down. Sadly their increase wasn’t enough to stave off a drop in revenue.

    When you have the whole market cornered, normal supply and demand economics don’t apply.