Apple CEO Tim Cook warns of extended memory crunch. 'We'll look at a range of options'

apple ceo tim cook warned that memory costs will keep climbing, calling it just the beginning of a crunch that already hit the company's latest quarter. cook said the impact on mac models will be especially big in the june quarter "given the continued high levels of demand." he wouldn't give specifics on what apple might do, only saying "we'll look at a range of options." the memory squeeze is driven by ai infrastructure demand. nvidia's chips pack more memory with each generation, and data centers are sucking up supply that used to go to consumer devices like pcs and smartphones. microsoft cfo amy hood projected $190 billion in capex for 2026 — up 61% from last year — and said higher component prices would add $25 billion to that. meta raised its capex forecast from $135 billion to as much as $145 billion, citing "expectations for higher component pricing." apple's revenue still grew 17% in the fiscal second quarter, beating its own guidance "despite supply constraints." the stock rose after the company forecast 14-17% revenue growth for the current quarter, well above analyst expectations of 9.5%. analysts said apple's scale gives it more flexibility than rivals, but that longer-term supply agreements or price hikes on pro models could be coming. the memory problem will soon be incoming ceo john ternus's to handle — he takes over in september.