Apple to raise prices as AI boom pushes up chip costsThe firm's outgoing boss Tim Cook did not say when prices will rise or which products will be affected.2 hrs agoBusiness

Apple to raise prices as AI boom pushes up chip costsThe firm's outgoing boss Tim Cook did not say when prices will rise or which products will be affected.2 hrs agoBusiness

💰 Economy
Summary

Apple is expected to increase prices for its products due to rising costs of microchips, which have been driven up by the growing demand for artificial intelligence technology. The exact timing and scope of the price hike remain unclear, as outgoing CEO Tim Cook did not provide specific details.

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