Apple Inc. and Microsoft Corp. announced significant price increases on key consumer hardware in late June 2026, citing a severe global memory chip shortage driven by surging demand for artificial intelligence data centers. Apple raised prices by 15 to 25 percent across Mac, iPad, HomePod and Vision Pro lines, with some models up by as much as $200, including the MacBook Neo rising from $599 to $749. Microsoft said Xbox console prices will increase by $100 to $150 starting August 1, 2026. Memory makers have prioritized high-margin server orders, and DRAM prices have nearly doubled, prompting tech-sector sell-offs in global markets.
Prepared by Christopher Adams and reviewed by editorial team.
Your favorite tech gadgets are getting pricier. Apple and Microsoft are hiking prices due to a global chip shortage. This affects Macs, iPads, HomePods, and Xbox consoles. If you're planning to upgrade, be ready for a bigger bill.
The chip shortage is hitting your wallet. It's driven by a surge in demand for artificial intelligence data centers. Until this eases, expect tech prices to stay high. Worth forwarding if you know someone eyeing a new gadget.
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