AIBearishCrypto Briefing · 3h ago7/10
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Tim Cook calls recent memory chip price surge unprecedented, compares it to a ‘hundred-year flood’
Apple CEO Tim Cook has characterized the recent surge in memory chip prices as unprecedented, comparing it to a 'hundred-year flood' event driven by surging AI demand. This supply constraint threatens to trigger widespread price increases across consumer tech products, potentially impacting market affordability and dynamics.
