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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