Apple's Tim Cook and many others say the AI boom is spiking costs — so their prices will spike, too. - Business Insider

Peter Kafka

Jun 20, 2026

Apple's Tim Cook and many others say the AI boom is spiking costs — so their prices will spike, too. - Business Insider

The AI data-center boom means a spike in chip costs — but lots of products needs chips. You're going to pick up the tab.

Your next iPhone is going to be more expensive than the last one you bought. Same thing for your next Xbox. And it could well be true for your next PC, or TV or just about anything else with elect… [+2979 chars]

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