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new for sale and rental listings July 24 through June 2025, number one trusted based on

August 2025 proprietary survey among real estate professionals. Here's your morning TNB Tech

Minute for Thursday, June 18th. I'm Imani-Mauese for the Wall Street Journal.

We exclusively report that Apple plans to raise device prices because of soaring costs for memory

and storage chips. CEO Tim Cook told us that skyrocketing demand from AI companies has quadrupled

the cost of chips, making consumer price hikes unavoidable. Analysts estimate that Apple would need to add about $270 to the price of the next iPhone

Pro model in order to keep its profit margin steady.

Morgan Stanley estimates smartphone and computer prices across the U.S.

will increase by 15% this year.

Intel stock got a boost this morning after President Trump said in a true

social post that Apple has agreed to work with Intel to design and build chips in the U.S.

Spokespeople for Intel and Apple didn't respond to a request for comment. Since the federal

government announced a 10% stake in Intel last August, the company's shares have surged fourfold. Over the past year,

Commerce Secretary Howard Lutnik has met with leaders at Apple, SpaceX, and NVIDIA to try and convince

them to go into business with Intel. With the Apple deal, Intel has now signed partnerships with all

three. And in another exclusive, we report that Base 10, an AI infrastructure startup, is raising

...