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The Chip-pocalypse Comes For Apple
· 21 min
Episode The Chip-pocalypse Comes For Apple
Tim Cook warned Apple price hikes are unavoidable as AI gobbles up memory chips. Noam Shazeer bolted from Google to OpenAI. Midjourney unveiled a bizarre full-body ultrasound scanner, and businesses piled into Kalshi to hedge real-world risk.
• In an interview, Tim Cook says Apple price hikes are "unavoidable" to offset surging memory and storage chip costs, and "the situation has become unsustainable" (The Wall Street Journal) • Star Google AI Researcher Shazeer Joins OpenAI (The Information) • Midjourney unveils its first hardware product, the Midjourney Scanner, an ultrasound-based full-body scanner; it is unclear how AI fits into the medical effort (The Verge) • Businesses have started using Kalshi to hedge business risks; Kalshi says institutional trading volume on its platform has grown 800% since November 2025 (The New York Times)
Links in the notes 4
- https://www.wsj.com/tech/apple-price-increases-memory-supply-199845b1
- https://www.theinformation.com/articles/star-google-ai-researcher-shazeer-joins-openai
- https://www.theverge.com/ai-artificial-intelligence/952011/midjourney-medical-ai-ultrasound-scan
- https://www.nytimes.com/2026/06/17/business/dealbook/hedging-prediction-markets-kalshi.html
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