Illustration by Alex Castro / The Verge

TSMC is the biggest chipmaker in the world and the company responsible for the processors used by Apple, AMD, Nvidia, Qualcomm, and even some Intel products. And its products are about to get a lot more expensive: the company plans to raise prices of its advanced chips by around 10 percent and less advanced products by about 20 percent, according to a new report from The Wall Street Journal.

Semiconductor supply has become an increasingly important factor for major tech and automotive companies, as chips continue to be hard to come by. There are a lot of factors that go into the prices of phones, laptops, and game consoles beyond the actual bill of materials, so a 10 to 20 percent increase in processor and SOC costs may not necessarily…

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