Apple CEO Tim Cook stated price increases for iPhones are "unavoidable" due to a global memory-chip shortage. Analysts expect current iPhone models to see price hikes as soon as this month, before the iPhone 18 launch.
Apple is reportedly planning price increases on popular devices like iPhones, Macs, and iPads due to a global shortage of memory and storage chips. CEO Tim Cook cited unsustainable cost increases, with estimates suggesting iPhone Pro models could rise by $270.
Apple CEO Tim Cook warns that rising memory and storage chip costs, driven by AI demand, will likely lead to price increases for Macs, iPhones, and iPads. The situation is described as "unsustainable," with potential impacts on future product pricing.
The global smartphone market is set for its largest annual decline ever, with shipments expected to drop 13.9% this year due to a severe memory chip shortage. Budget phones are hit hardest as chipmakers prioritize AI chips, while premium segments like Apple and Samsung show more resilience.
US intelligence agencies, facing a critical chip shortage, are using advanced AI models from Anthropic, a company previously blacklisted as a national security threat. A $9 billion emergency funding request aims to build secure data centers for high-end semiconductors needed for AI operations.
BT CEO Allison Kirkby warns the AI boom is driving demand for semiconductor chips, potentially leading to shortages and price hikes for smartphones and other electronics. Tech firms are buying large quantities of memory chips for AI data centers, impacting supply chains.
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with TechCrunch about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong.
Chip shortages and demand from AI enthusiasts are both playing a part.
Apple's Mac Mini now starts at $799 after the company pulled the $599 option with 256GB of storage from its online store, as spotted earlier by MacRumors. The model's discontinuation comes just one day after Apple CEO Tim Cook said during an earnings call that a chip shortage will impact its Mac products in the […]
Apple is experiencing prolonged shortages and shipping delays for Mac mini and Mac Studio models, which CEO Tim Cook attributes largely to unexpectedly strong demand for AI and agentic tools. Cook noted on the Q2 2026 earnings call that supply constraints, particularly on advanced manufacturing nodes, are affecting availability, though the company still reported strong overall revenue growth.
The AI boom is worsening a global memory chip shortage, which Samsung predicts will continue into 2027Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply shortage to deepen next year as clients spend on AI, driving up prices of its memory chips.A boom in the construction of AI datacentres has spurred Samsung and chipmaking peers to allocate production capacity to advanced chips that Nvidia uses in its so-called AI accelerators. Even so, chipmakers are struggling to meet demand while the move also squeezes the supply of conventional chips. Continue reading...
Apple's iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device's processor. During an interview with Reuters, Apple CEO Tim Cook said iPhone "demand was off the charts" but added that there's "a little less flexibility in the supply chain at the moment for getting […]
