Apple raises iPad and MacBook prices, blaming cost of chips amid AI boom

Apple has raised the prices of its iPads and MacBooks due to escalating costs for memory and storage chips, which have surged as the AI industry expands its data centers. This price hike for the iPad and MacBook isn't just a blip; it signals a broader trend in the tech sector where rising component costs are becoming harder to absorb. While the iPhone remains untouched for now, this move suggests that other devices may soon face similar price increases. This shift underscores the financial strain tech companies are facing as they navigate the high costs of keeping up with the rapid advancements in AI technology.