Apple Plans Price Increases Due to Memory Chip Shortage

Apple CEO Tim Cook revealed in an interview with the Wall Street Journal that rising memory and storage chip costs are forcing the company to raise product prices. The surge in AI-driven demand for data centers has intensified competition for limited supplies, pushing component prices higher across consumer electronics.

By Reuters Thu, June 18, 2026 at 12:23 AM GMT+3 2 min read · Yahoo Finance ·

Apple Plans Price Increases Due to Memory Chip Shortage

Tickers: $AAPL

Topics: consumer_electronics memory_chips price_increase

Read the full article at Yahoo Finance

More World news