Apple raises prices across Mac and iPad lineup as AI-driven chip costs bite

Tech and AI stocks now make up as much as 12% of most balanced superannuation funds, experts say Get our breaking news email, free app or daily news podcast Artificial intelligence and technology stocks have become a driving force on Wall Street and, unbeknownst to most Australians, a growing part of their retirement savings. The so-called “magnificent seven” – chip maker Nvidia, Google owner Alphabet, Apple, Microsoft, Amazon, Facebook owner Meta and Tesla – are, for better or worse, increasingly part of the portfolios offered by superannuation funds. Continue reading...

Apple's potential deal with CXMT could reshape global DRAM pricing, challenging geopolitical norms and impacting tech supply chains. The post Micron maintains edge as Apple sources cheap DRAM from CXMT appeared first on Crypto Briefing.

Paul Meade, the Apple vice president in charge of the Vision Pro headset, is reportedly leaving the company to join OpenAI’s hardware team.

The AI-driven chip shortage signals a structural shift in tech economics, impacting consumer prices and investor sentiment significantly. The post Apple and Microsoft hike prices on iPads, Macs, and Xbox consoles as AI chip crisis bites appeared first on Crypto Briefing.

Tim Cook recently said price increases were "unavoidable" and described the company's pricing as "unsustainable." The 16-inch MacBook Pro saw its price go up by $300. The 11-inch iPad Air went from $599 to $749. Even the HomePod Mini got a $30 bump to $129. Cook squarely placed the blame at the feet of the AI industry, which is not surprising. RAMageddon has already come for your desktop PCs and gaming consoles. The Xbox has seen its price climb nearly 25 percent depending on the model, and Nothing even canceled an entire phone launch. Apple is just the most recent to jack up prices and point the finger at AI. The price hikes are "basic eco … Read the full story at The Verge.

Apple's lobbying highlights the tension between addressing chip shortages and navigating geopolitical risks, impacting tech pricing and supply chains. The post Apple lobbies Trump administration for approval to purchase CXMT memory chips appeared first on Crypto Briefing.

Nvidia has dominated the AI chip market for years, but the era of total dependence might be ending.   OpenAI just shared its plans to spice things up with Jalapeño, its custom inference chip built with Broadcom, joining Google, Apple, and SpaceX in a growing list of companies building their way out of single-supplier risk. The goal is less of a […]

Apple's shift to touch-screen MacBooks could redefine user interaction paradigms, challenging competitors and influencing future tech trends. The post Apple’s first touch-screen MacBook to feature M5 Pro and Max chips appeared first on Crypto Briefing.