Apple and Microsoft increased prices for Xbox consoles, Macs, and iPads due to a memory chip shortage driven by AI demand.
Apple is lobbying the Trump administration for approval to buy memory chips from a blacklisted Chinese supplier ChangXin Memory Technologies, the Financial Times reported, underscoring the supply chain challenges facing electronics manufacturers.
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Apple and Microsoft raised prices on devices due to a persistent memory chip shortage driven by AI demand, with supply unlikely to meet demand before 2028.
Apple and Microsoft increased prices for Xbox consoles, Macs, and iPads due to a memory chip shortage driven by AI demand.
