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Smartphone, PC Prices Expected to Rise, as AI Data Center Boom Consumes Large Amounts of Memory Chips
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The boom in AI data center construction has prompted a reduction in the supply of memory chips, and potentially a rise in prices of consumer products such as smartphones and personal computers this year, Financial Times reported. Several semiconductor giants, including Arm (ARM.US), Qualcomm (QCOM.US), and Samsung, warned this week that the global race to build large AI infrastructure is squeezing the supply of components needed for mobile devices and other home electronics, report said. Over the past year, companies like Alphabet (GOOG.US), Amazon (AMZN.US), Meta (META.US), and OpenAI have pledged billions of US dollars to build data centers to support advanced AI models and products, believing that the technology will transform various industries. AASTOCKS Financial News Website: www.aastocks.com |
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