AI-driven ‘chipflation’ puts chill on electronics purchases

Memory prices are up sixfold, with smartphone, computer sales to fall by 200m units Forecasts show prices are likely to continue rising for memory chips and the devices they are used in, leading to a decline in electronics sales. (Source photos: Nikkei) PALO ALTO, California/TOKYO — Surging memory chip prices amid booming artificial intelligence investment are lifting consumer electronics prices, dragging down shipment of the devices by record levels.

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