High-end Apple laptop line
Micron has reported blockbuster quarterly results that sent its stock sharply higher and briefly lifted chip names, but the wider market has closed mixed as Apple has warned it will raise product prices because memory shortages driven by AI data‑center demand are forcing component costs up.
Apple has raised prices for Macs, iPads, HomePod and Vision Pro, with increases of about 15%–25% on many models. The company has blamed a surge in memory and storage costs driven by AI data-center demand and has warned more price changes could follow. Apple shares have fallen on the news.