Memory Chip Shortage: Global Impact on AI & Tech

Global Memory Chip Shortage: A Crisis for AI and Consumer ElectronicsA severe global shortage of memory chips is causing significant problems for AI and consumer electronics companies. Prices for these essential components, used in devices from smartphones to data centers, have skyrocketed. Japanese stores are limiting purchases, and Chinese smartphone makers are warning of price increases. Major tech companies are scrambling to secure supplies, but prices have more than doubled since February. This shortage could slow AI progress, delay digital infrastructure projects, and add to inflation. Its a dual problem: chipmakers cant produce enough high-end chips for AI, and everyday device supply is choked. Inventory levels have dropped significantly, and the shortage is expected to last through late 2027.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.