Zaid Admani

You know, what's crazy here is the PS5 first launched five years ago for $400, and usually consoles get cheaper over time.

But instead, Sony has hiked the price of the PS5 twice in the last year.

Sony is blaming the rise in memory prices for the price increase.

See, prices of RAM has skyrocketed recently because of all the demand from AI data centers.

So yeah, essentially AI is raising the prices of video games.

These price hikes will go into effect on April 2nd.

So if you've been on the fence of buying a PS5, it might be the best time to do so right now.

Well, all right, guys, that's the rundown for today.

Hope you guys enjoyed today's episode.

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Thank you guys so much for listening, watching, and commenting.

Shout out to Mike and Connor for all the work behind the scenes.

And we'll see you guys back here tomorrow.

Public.com presents The Rundown, your daily market update in under 10 minutes.

My name is Zaid Admani, and today is Friday, March 27th.

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