Smartphone Prices Set To Rise Over Memory Chip Crunch

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Shoppers could face higher prices for phones, laptops, and other gadgets next year, manufacturers and analysts warn, as AI data centres hoover up memory chips used in consumer electronics.

The world’s biggest tech companies are ploughing head-spinningly huge sums into building the hardware that powers artificial intelligence tools like ChatGPT.

Their insatiable demand is snarling up a supply…

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