BUSINESSMARKETWATCH
Micron’s stock is on the rise. Even Apple isn’t safe from ballooning memory-chip costs.
Micron’s stock is rising, and Apple faces challenges due to increasing memory-chip costs. Analysts note that demand for memory chips will continue to outpace supply despite efforts to expand manufacturing capacity.
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Adjacent reporting
- You might want to pull the trigger on that Apple purchase — the company plans to raise prices
- Apple to raise prices as memory chip costs surge
- Tim Cook says Apple will raise prices as memory chip shortage tightens
- Micron surges more than 30% on week as memory chip rally goes parabolic
- Micron’s stock soars toward fresh highs as a ‘virtuous cycle’ for memory unfolds