Memory shortage expected to hike the price of your next phone

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AI data centers require a lot of memory components to power tools like Gemini and ChatGPT, and construction of new data centers continues at a brisk pace. Exacerbating the price effects of newly increased demand, AI providers are seemingly able and willing to outbid consumer electronics manufacturers to secure their share of the limited RAM and storage being manufactured, driving prices higher still.

Phone prices have generally held steady for the past few years — the Galaxy S21, S22, S23, S24, and…



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Memory shortage expected to hike the price of your next phone


AI data centers require a lot of memory components to power tools like Gemini and ChatGPT, and construction of new data centers continues at a brisk pace. Exacerbating the price effects of newly increased demand, AI providers are seemingly able and willing to outbid consumer electronics manufacturers to secure their share of the limited RAM and storage being manufactured, driving prices higher still.

Phone prices have generally held steady for the past few years — the Galaxy S21, S22, S23, S24, and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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