A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new report.

Computer maker HP blamed the surge in memory chip prices as it forecast earnings for the year to come in at the low end of ...

By Jaspreet Singh Feb 24 (Reuters) - HP Inc said it now expects fiscal 2026 results to be at the low end of its forecasts, as ...

Gartner flags up to 130% surge in memory prices by 2026 as AI data centre demand diverts supply, pushing up smartphone and PC costs; Qualcomm, Samsung and IESA warn of tighter margins ...

A boom of investment in artificial intelligence has led to an unforeseen problem: a shortage of the world's memory chip ...

Companies that make memory chips have seen their share prices skyrocket over the last year. Investors received even more good ...

Memory now accounts for 35% of the materials required to build a PC, up from roughly 15%–18% previously. Chief financial officer Karen Parkhill said memory costs increased roughly 100% sequentially ...

HP has revealed the cost memory now accounts for around one-third (35%) of its PC bill of materials, up from around 15-18% last quarter, making a seriously sharp increase. And worse still, the company ...

There's a RAM shortage at the moment. RAM, as in random access memory. The memory computer keeps immediately at hand, so it can perform tasks quickly. How can that be? Well, as with so much these days ...

Apple reported blowout first quarter results after the bell on Thursday, on the back of all-time record iPhone sales, which, ...

A growing procession of tech industry leaders, including Elon Musk and Tim Coo,k are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail ...

The fundamental reason for the squeeze is the buildout of artificial intelligence data centres Read more at The Business Times.