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AI is gobbling up the world’s memory chips, sending smartphone prices to record highs, report says
A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new report.
Memory now accounts for 35% of the materials required to build a PC, up from roughly 15%–18% previously. Chief financial officer Karen Parkhill said memory costs increased roughly 100% sequentially ...
You often hear that the phone in your pocket has more processing power than the room-sized computers that NASA used to help send astronauts to the moon. But modern smartphones also have relatively ...
After a first quarter that saw tech consumers receive $1.24bn from mobile trade-in and upgrade programmes, a 40% increase from the same quarter a year earlier, the US secondary device market has ...
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