AI data center boom creates 10% memory chip shortage, driving RAM prices up 50% this quarter with consumer device costs expected to rise through 2027 as manufacturers like Micron shift production.

Memory loss: As AI gobbles up chips, prices for devices may rise

Idaho-based Micron Technology is one of the world's top makers of RAM chips and it's benefited from increase demand. Charlie Litchfield/ASSOCIATED PRESS/FR164915AP hide caption toggle caption Charlie Litchfield/ASSOCIATED PRESS/FR164915AP The world has a memory problem, thanks to artificial intelligence. The explosion in AI-related cloud computing and data centers has led to so much demand for certain types of memory chips that now there's a shortage. The imbalance is expected to start affecti...