Apple’s Macs and iPads and Microsoft’s Xbox consoles are getting more expensive, and AI is to blame

Tech giants Apple and Microsoft have raised prices for key products like Macs, iPads, and Xbox consoles due to a sharp increase in memory chip costs, driven by heightened demand for artificial intelligence. This price hike affects consumers directly but also reflects the broader economic impact of AI's growing reliance on advanced memory technology. As companies like Micron benefit from this demand, the ripple effect causes higher costs for tech consumers, highlighting the interconnected nature of global tech supply chains.