Your next iPhone upgrade is going to hurt your wallet, and AI is to blame

A report says AI data centers are soaking up memory supply, pushing up component costs for iPhones.

Memory could rise from about 10% to as much as 45% of an iPhone’s component cost next year.

Apple may have to choose between raising device prices or absorbing the hit to margins.

Conflict-related material shortages could also increase PCB costs, adding more pressure on the supply chain.