The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.

Component prices have surged in recent months, driven by both the race to develop artificial intelligence and by the war in Iran. This trend is now affecting consumer electronics, with no respite expected in the short term.

Discover why the AI boom is making the iPhone 17 more expensive and how to avoid Apple's unprecedented mid-cycle price hike.

The AI infrastructure buildout is creating shortages of components including various types of chips. Prices of some components like advanced memory have surged. These pieces of hardware also are used by the consumer electronics industry with gadget makers ...

Chennai : Electronic devices and appliances have already seen price hikes as some inputs, including memory components, PCU, PCB, and display items, become costlier due to Chinese curbs on rare earth magnets and AI-related demand. The industry expects ...

Some analysts expect the global memory chip demand to “overwhelm supply for at least 3-5 years”, while a chip manufacturer is worried its Indian customers don’t understand the gravity of the situation.