AI is gobbling up the world’s memory chips, sending smartphone prices to record highs, report says
- Posted on February 27, 2026
- By CNN
- 4 Views
AI is gobbling up the world’s memory chips, sending smartphone prices to record highs, report says
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.
