AI's Memory Boom Is Starting to Hurt Apple and the Entire Electronics Market
Apple's decision to raise prices on several of its products proved to have a much bigger impact on the stock market than many had expected. Investors saw it not just as an attempt to offset rising costs, but as the first warning sign that the unprecedented surge in memory and storage prices is beginning to affect end-market demand. As a result, not only Apple's shares were under pressure, but also virtually the entire Asian semiconductor industry.
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