AI Cost Reality Check Hits Asia Tech Stocks as Apple Hikes Prices
Asian technology stocks slumped after Apple Inc. and Microsoft Corp. raised prices for their products, stoking concern that rising component costs will curb demand for devices and eventually slow the memory chip rally that has powered much of the AI trade.
Bloomberg Tech Host Ed Ludlow discusses the move from Apple to raise prices as well as what's next for OpenAI as they mull a delay for the company's IPO. (Source: Bloomberg)
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