Talk about sticker shock. Amazon just raised the prices of some of its most popular electronics — including Kindles, Echos, Fire TVs and more — by up to 60%.
You can thank the so-called RAMageddon for the across-the-board hikes, according to a company spokesperson, who blamed the rising prices on “significant increases in memory and storage component costs.”
The hardware component shortage isn’t new. The AI industry has been gobbling up the world’s supply of memory and storage for more than a year now, hacking away at the budget laptop and smartphone industries as tech companies scramble to allocate the remaining resources in the supply chains.
Read the full article at CNET.COM
