Amazon Raises Prices on Echo, Kindle, and Other Devices by Up to 60%

Amazon raised prices on its devices by as much as 60 percent over the August 22-23 weekend. The Echo Dot went from $49.99 to $79.99. Fire TVs, Echo speakers, Kindles, and Eero routers were all affected. Amazon blamed a global shortage of memory chips, driven by demand from AI products, saying it absorbed the rising costs as long as it could.