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Trade Groups Urge US to Boost Memory Chip Supply Strained by AI

A global shortage of memory chips fueled by the artificial intelligence boom poses a growing risk to industries ranging from automakers to producers of medical devices, according to a coalition of US business groups who urged the Trump administration to help increase supply of the components.

A global shortage of memory chips fueled by the artificial intelligence boom poses a growing risk to industries ranging from automakers to producers of medical devices, according to a coalition of US business groups who urged the Trump administration… [336 chars]

Source: Bloomberg | Published: 2026-06-03T20:49:37Z

Credit: Bloomberg

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