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Apple to raise prices due to memory chip shortage, CEO Cook tells WSJ

Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal ​in an interview. A surge in AI-driven demand for data centers has forced consumer ‌electronics companies into a fierce competition for dwindling supplies of the key components, driving prices sharply higher. Groups representing automakers, retailers, electronics firms and…

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