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.

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

IDC says phone makers will ship only 1.12 billion smartphones as compared to 1.26 billion last year.

As memory chip prices surge amid the AI boom, tech giants are quietly reshaping their product lineups. Samsung and Apple's ...

The artificial intelligence boom continues reshaping the semiconductor landscape, with memory module manufacturers positioned at the center of the data center expansion. As tech giants race to build ...

With memory-chip prices soaring, consumer electronics firms are left with three rotten options: charge more, swallow the hit or ship weaker specs. The global dash into AI is driving the squeeze, with ...

Rising memory costs may be pushing smartphone prices higher, and the trend is already visible in some of the latest launches, ...

(Bloomberg/Ryan Vlastelica) — Soaring prices for memory and storage components have turned companies like Sandisk Corp., Micron Technology Inc. and Western Digital Corp. into the hottest stocks in the ...

Micron Technology, Inc (NASDAQ:MU) has begun customer sampling of its 192GB SOCAMM2 (small outline compression attached memory modules), designed to accelerate adoption of low-power memory in AI data ...

Memory shortages thanks to the AI boom are causing prices to balloon for consumers. Credit: Nestea06 via iStock / Getty Images Plus It seems certain at this point that laptop and smartphone prices are ...

Cisco shares plunged 12% Thursday after the company issued lukewarm guidance as memory prices weigh on profit margins ...

SK Hynix has won custom high-bandwidth memory (HBM) orders from Nvidia Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), and Broadcom Inc (NASDAQ:AVGO). This marks a growing demand as big tech shifts ...