Amazon Increases Hardware Prices by 60% Amid Memory Component Shortages

Amazon has increased hardware prices by up to 60% due to global memory component shortages, affecting devices like Fire TVs, Echos, and Kindles. The price hikes reflect broader industry challenges driven by the AI boom, with companies passing rising production costs to consumers.

As the memory shortage continues to cause trouble for hardware makers, Amazon says it is now being forced to pass on the costs to its consumers.

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