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AI keeps consumer prices high in ‘RAMaggedon’ chip crunch

August 2, 2026
Source: straitstimes.com straitstimes.com
News Snapshot:
HONG KONG – Printouts of articles about the global memory chip shortage are pinned beside a price list at a Hong Kong computer shop, offering an explanation to confused customers feeling the pinch.Price rises for goods such as laptops and smartphones, with cars potentially next, have been an unwelcome side effect of the artificial intelligence gold rush – and the squeeze is far from over.Samsung Electronics’ chief financial officer said shortages of microchips that store digital data will likely deepen in 2027 and stay tight through 2028.The crunch has been nicknamed “RAMaggedon” after the components called RAM, or “random-access memory”.It...
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