AI is gobbling up the world’s memory chips, sending smartphone prices to record highs, report says

By Stephanie Yang and Wayne Chang, CNN Taipei, Taiwan (CNN) — A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new report. A worsening shortfall of memory components is expected to put phone manufacturers out of business

By Stephanie Yang and Wayne Chang, CNN
Taipei, Taiwan (CNN) — A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new repor… [3777 chars]

Source: ABC17News.com | Published: 2026-02-27T07:01:41Z

Credit: ABC17News.com