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Chip shortages and AI demand drive tech price increases across Apple, Microsoft, and others

Holly Firfer, Emily Hanford-Ostmann

9h ago· 3 min readenNews

technology business

Summary

The article reports that chip shortages, driven partly by AI demand, are causing price increases across the tech industry. Apple has raised prices on most of its products, and similar cost increases are affecting iPads, laptops, Xbox consoles, and phones from companies like Microsoft. The rising component costs are being passed on to consumers at checkout.

Source

bskyChip shortages and AI demand drive tech price increases across Apple, Microsoft, and otherswcpo.com

Key quotes

· 2 pulled

Shoppers hunting for the latest tech are facing a new reality: the components powering their favorite devices are getting more expensive, and those costs are being passed along at checkout.

Apple abruptly raised prices on pretty much all of its...

Snippet from the RSS feed

Tech prices are climbing as AI-driven chip shortages raise costs for Apple, Microsoft and others, with higher prices hitting iPads, laptops, Xbox consoles and phones.

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