The prices of smartphones and PCs are set to rise this year, with consumer products hit by a shortage of memory chips caused by the rapid construction of AI data centres.
Arm, Qualcomm and Samsung warned this week that the global race to build massive AI infrastructure is squeezing supplies of components needed for mobile devices and other household electronics.
Speaking at the Consumer Electronics Show in Las Vegas, the annual event where manufacturers showcase their latest products, Arm chief executive Rene Hass said the constraints on memory chips were “the most severe I have seen in at least two decades”.
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