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AI News from ET - AI gobbling up memory chips essential to gadget makers

Vishwadeep Khatri
in AI News & Two Lenses

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At the Consumer Electronics Show, gadget makers warned of a global DRAM shortage driven by booming AI demand. Memory prices are soaring, boosting revenues at Samsung Electronics and Micron Technology. IDC says shortages may last into next year, forcing higher prices and fewer device features.

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