AI keeps consumer prices high in 'RAMaggedon' chip crunch

Economic Times TechAugust 2, 2026en

Memory chip prices are rising significantly due to artificial intelligence demand. This shortage is impacting consumer electronics and potentially vehicles soon. Chipmakers are prioritizing advanced memory for AI training and operations. Customers face higher costs and are delaying purchases or lowering standards. The crunch is expected to continue through 2028 impacting global markets.

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