The boom of investment in artificial intelligence has led to a shortage of the world's memory chip supply, a predicament that has been nothing short of a crisis for consumer electronics companies around the world. WATCH | How the AI boom led to a memory chip shortage: The AI boom is causing a worldwide memory chip shortage | Duration 2:03 The artificial intelligence boom is driving a worldwide shortage in memory chips that could soon drive up prices in everything from smartphones to laptops to video game consoles. Cristiano Amon, CEO of U.S. chip and software maker Qualcomm, blamed his company's weak second-quarter forecast on the memory shortage. As the shortage wreaks havoc on bottom lines, one mid-sized consumer electronics company says it will eat the higher prices. The memory shortage is expected to last until the end of the year.

Source: CBC News February 27, 2026 20:04 UTC