Intel's Arc Pro B70 workstation GPU prices increased. Prices jumped as much as 48% last month in certain markets, Wedbush Securities noted. In the U.S., one variant's price rose 30%, increasing from $999 to $1,299. Prices in Germany increased 26%. Korean prices rose 46%.
Wedbush attributes the price hike to an ongoing surge in memory pricing. This suggests memory cost pass-through affects the market. The Arc Pro B70 card features 32GB of GDDR6 ECC memory. This makes it suitable for AI inference workloads.
Intel's stock declined 1.7% in premarket trading Wednesday. This occurred despite the product's price inflation, indicating a muted reaction from the broader market.