Rise in memory chip costs puts pressure on retailers of laptops and smartphones

As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and ...

The AI build-out is driving prices higher for consumers

“AI is juicing up inflation,” Mark Zandi, chief economist at Moody's Analytics, said on CNBC. “Chips go into everything, so prices for almost all consumer products are going to go up. Pressure to on ...