As many of you are aware, memory prices have been rising rapidly for the last six months. Insatiable demand for High-Bandwidth Memory (HBM) for AI applications is competing for fab space with the commodity LPDDR memory used by Raspberry Pi, leading to shortages and price rises. At this point, memory costs roughly 120% more than it did a year ago.

We came into this year holding substantial stockpiles of memory, which has allowed us to hold prices flat. However, we’ve now reached the point where we have to pass some of this cost on. With effect from today, we’re making the following changes to pricing:

• 4GB Compute Module 4 and Compute Module 5 variants increase by $5
• 8GB Compute Module 4 and Compute Module 5 variants increase by $10
• Raspberry Pi 500 unit-only increases by $10 to $100
• Raspberry Pi Development Kit for Compute Module 5 increases by $5 to $135

In the case of Compute Module 4, this exactly reverses price cuts that we made earlier this year. We’ve been able to hold the Raspberry Pi 500 kit price at $120 by accepting a heavily reduced margin. 1GB and 2GB products are not affected, as the impact of the memory price increases is not so pronounced at these densities.

At the same time, we’re increasing the price of Raspberry Pi 3B+ by $5 to $40 and reducing the price of Compute Module 1 by $5 to $25, reflecting changes to the underlying (non-memory) cost structure of these older products. No other “classic” Raspberry Pi products are affected.

Low, stable prices are an important part of what makes Raspberry Pi special, and these changes reflect the exceptional nature of the current environment. We look forward to reversing them once memory prices return to their long-term downward trajectory.