
AI Boom Creates Global Memory Chip Shortage
The global expansion of AI is creating a severe shortage of memory chips and hard drives, impacting the production and pricing of PCs and smartphones.
#Artificial Intelligence#Semiconductors#Supply Chain
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The global expansion of AI is creating a severe shortage of memory chips and hard drives, impacting the production and pricing of PCs and smartphones.

HP Inc. announced plans to cut 4,000 to 6,000 jobs by fiscal 2028, streamlining operations and integrating AI to boost productivity and achieve $1 billion in savings.

The global AI boom is diverting manufacturing capacity towards high-end memory, creating a potential shortage of standard chips for consumer electronics and cars in 2025.

The global rush to produce advanced AI chips is causing an unexpected shortage and price surge for conventional memory used in smartphones and computers.