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Memory chip prices surge on AI demand, hit consumer electronics

Memory chip prices are rising sharply due to increased demand from AI infrastructure, affecting consumer electronics markets globally.

Major memory chip producers Samsung, SK Hynix, and Micron report difficulty meeting demand, driven by prioritization of data center components.

As a result, companies like Apple and Dell may face higher costs, potentially passing them to consumers.

Industry analysts predict global smartphone sales will drop at least 2% in 2026, with PC shipments expected to fall nearly 5%.

Several manufacturers, including Xiaomi and Lenovo, are considering price hikes of up to 20%.

🔗 Source: Reuters

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