Sony is raising the price of every version of the PS5 beginning next week, with the biggest jump hitting the PS5 Pro. Starting April 2, the premium console will cost $899.99 in the U.S., up $150 from its current price. The standard PS5 with a disc drive will rise to $649.99, while the digital-only version will increase to $599.99.
According to CNBC, the move marks Sony’s second PS5 price increase in less than a year and comes as the company faces rising component costs across its hardware business. Sony said in a statement that the increases were driven by “pressures in the global economic landscape,” a phrase that reflects higher manufacturing costs, continued inflation, and a worsening shortage of memory chips used in gaming systems.
“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony said in a post announcing the change.
The new pricing arrives as Sony is dealing with a spike in memory costs tied to growing demand from the artificial intelligence industry. DDR5 memory, which is a critical component in the PS5, has become significantly more expensive over the last several months as chip makers shift supply toward AI data centers.
Analysts say the same shortages could affect future hardware plans, including the timeline for the PlayStation 6.
Earlier reports suggested that console manufacturers have been debating whether next-generation systems may need to be pushed back beyond the currently rumored 2027 to 2028 window because of tightening RAM supply.
The issue became even more serious after Micron, one of the largest memory suppliers, announced plans to leave the consumer market in 2026 and focus instead on enterprise and AI customers.
Analysts say Sony’s latest move was likely unavoidable. Piers Harding-Rolls, research director of games at Ampere Analysis, told CNBC that Sony may have previously been protected by fixed component pricing agreements that have now expired.
“It is likely that Sony had price protections for its components for a set period and this may well have come to an end,” Harding-Rolls said. “With no sign of prices easing ... Sony will have made the move to protect its slim hardware margins.”
Sony is not the only company facing these pressures. The company also raised PS5 prices in Japan, the U.K., and Europe, with British customers seeing increases of roughly £90.
Analysts believe Microsoft and Nintendo could eventually face similar decisions if chip costs continue to climb, although Nintendo has so far kept the price of the Switch 2 unchanged.