What happened
The price of the Xbox Series X console has increased to $799.99. Strong demand for memory chips used in AI compute hardware is draining global supply. High production costs for memory parts are directly impacting consumer electronics.
The context
AI data centres require large volumes of advanced memory components. This demand squeezes the broader supply chain, pushing up prices for everyday hardware that relies on similar chips.
Sources
- Startup Fortune ↗ via Google News Reported