Memory loss: As AI gobbles up chips, prices for devices may rise

Cords and wires in a server.
Color-coordinated wires feeding in and out of computer components at the Coda data center in Midtown Atlanta. (Matthew Pearson/ WABE)

The world has a memory problem, thanks to artificial intelligence.

The explosion in AI-related cloud computing and data centers has led to so much demand for certain types of memory chips that now there’s a shortage. The imbalance is expected to start affecting prices of all sorts of products powered by technology.

“I keep telling everybody that if you want a device, you buy it now,” said Avril Wu, a senior research vice president at TrendForce, a Taiwan-based consultancy that tracks markets for computer components. “I myself bought an iPhone 17 already,”