AIMarketWatchabout 4 hours ago
Apple warns of price hikes due to AI chip shortage
1 min read
Apple CEO Tim Cook said price increases are unavoidable as AI data center demand drives a memory-chip shortage. Tech giants are spending roughly $700 billion on AI this year, buying out supply from Micron, Samsung, and SK Hynix. Analysts estimate the iPhone 18 Pro could rise by $270.
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