TechnologyAugust 15, 2026
chipflation
CHIP-flay-shun
Definition
The economic phenomenon of rising costs for electronic hardware caused specifically by the increased market price of computer chips and semiconductor components.
Etymology
A portmanteau of 'chip' (referring to microchips) and 'inflation' (a general increase in prices). It is a recent neologism coined to specifically characterize the inflationary pressures within the semiconductor supply chain.
In the news
The article uses the term to describe the industry-wide trend of increasing chip prices that forces companies like Apple to negotiate with suppliers to keep final smartphone prices from rising.
iPhone 18 Pro, iPhone Pro Max Launch Reportedly Set on September 9; Check Expected Price, Specifications
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