AI Memory Chips Spark Inflation Worries
Last week, Apple raised prices on certain products, citing rising costs of AI memory chips. In a statement to Reuters, the company said it had "never seen a component price increase this much, this quickly" and further that it had been shielding customers from higher costs until now. There is a global shortage of memory and storage chips driven by AI data centers buying up DRAM and NAND capacity. As a consequence, Apple is increasing the MacBook Air price to $1,299 from $1,099, the MacBook Pro to $1,999 from $1,699, and the iPad Air to $749 from $599. Prices of other Apple products will also…
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