Surging demand for AI infrastructure is causing a severe shortage of memory chips and passive components, dubbed 'RAMaggedon,' with Samsung predicting supply constraints through 2028. The crunch is raising prices for laptops, smartphones, and potentially automobiles, while delaying product launches like Apple's MacBook Air M5.
Apple Inc. announced price increases across its Mac, iPad, and other product lines on Thursday, citing rising costs from an unprecedented shortage of memory and storage chips driven by AI demand. Apple shares fell 6% following the announcement.
Protests led by supporters of former leftist president Evo Morales have intensified in Bolivia, with violent clashes in La Paz and road blockades causing widespread shortages of food, fuel, and medical supplies. The unrest poses a significant challenge to center-right President Rodrigo Paz, prompting concern from neighboring Latin American nations.
