Demand for high-capacity memory at AI data centres has sent the cost of building iPhones through the roof.

Apple is facing rising silicon costs as the world rushes towards AI. That’s going to force price rises across the board, including the upcoming iPhone 18 Pro.

Apple plans to raise prices on iPhones, MacBooks, and other devices as CEO Tim Cook warns of surging memory chip costs driven by AI infrastructure demand.

Apple's chip problem is 'unprecedented,' says outgoing CEO.