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The memory chip crunch is paying off for this U.S. company

CN
CitrixNews Staff
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The memory chip crunch is paying off for this U.S. company

The AI boom has fueled dozens of new startups and minted a new class of billionaires. It has also produced a serious shortage of memory chips — a critical component for compute-hungry AI models — which some predict could persist through 2027.

This era of RAMageddon isn’t just a corporate problem. As demand spikes and squeezes supply, prices are rising and trickling down to consumers. Apple CEO Tim Cook warned just a week ago that price increases for its products are unavoidable.

Originally reported by TechCrunch. Read the full story at the original source.