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Roku raises streaming stick prices by up to 60%

The Price of Progress: Roku's Rapid Raise Roku has announced significant price increases for its popular streaming sticks and boxes, with prices rising by up to 60%.

This move comes as a surprise, given that just last May, CEO Anthony Wood emphasized the company's efficiency in keeping costs low.

The price hikes are attributed to a shortage of memory and other components, which are in high demand due to the surge in AI related products.

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