Big Technology Podcast · Saturday, August 8, 2026
Apple is reportedly set to lose nearly $500 billion in value due to a weak forecast, stemming from difficulties in securing components like memory chips. The AI-driven data center boom is straining global supply chains, increasing prices and impacting the personal computer and smartphone markets. Tim Cook described the shortages as 'very significant' with limited options for resolution.
“Apple set to lose nearly $500 billion in value after a weak forecast showed that the iPhone maker was struggling to secure enough components as the AI driven data center boom strains global supply chains.”
“Tim Cook, widely hailed as a supply chain genius, called the shortages very significant and said Apple had limited options to address them.”
“Big tech has been scooping up advanced chip making capacity and memory chips, uh, to power its AI data centers, sparking shortages and price increases that are expected to shrink both the personal computer and the smartphone markets this year.”