It’s ‘unavoidable’: Apple says it will be forced to raise prices due to the AI boom

Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will inevitably be passed on to consumers.

By Christine Ji

You might want to pull the trigger on that Apple purchase — the company plans to raise prices

Apple CEO Tim Cook warned of price hikes due to a global memory chip shortage. Bloomberg/Getty Images Apple's Tim Cook warned of price hikes due to a global memory chip shortage, which is spiking costs. Rising demand for memory chips for AI models is squeezing supplies for everyday gadgets like phones. MacBook prices rose earlier this year, and more increases are expected as memory costs climb. If you've been eyeing a new iPhone, MacBook, or iPad, waiting to buy one could get more expensive...

Here’s Why Apple CEO Tim Cook Says Prices Will Have to Increase

Tim Cook says Apple to hike prices amid memory chip shortage - report

"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs

"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at least those that haven't been canceled or delayed due to regulatory pushback, lack of electricity or outright hostility) because of surging electricity prices and the rising tide of unemployment as chabots gradually make America's white collar workers obsolete. Now they can...

By Tyler Durden

Ebonyi charcoal dealers record boom as cooking gas costs soar

Josephine Onoh, a charcoal dealer at the Abakaliki International Market, told NAN that a paint bucket of charcoal currently sells for between N1,500 and N1,600, while smaller quantities measured in nylon bags sell for between N500 and N600. The post Ebonyi charcoal dealers record boom as cooking gas costs soar appeared first on Premium Times Nigeria.

By Agency Report