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

Idaho-based Micron Technology is one of the world’s top makers of RAM chips and it’s benefited from increase demand. Charlie Litchfield/ASSOCIATED PRESS/FR164915AP

Charlie Litchfield/ASSOCIATED PRESS/FR164915AP

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

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