Ever-increasing demand from AI data centres is throttling the supply of memory chips across a range of industries from cars to consumer electronics. The auto industry is redesigning its electronics architecture as soaring chip prices are inflating component costs and threatening production lines. Apple, Microsoft and Sony have announced steep price hikes for some of their best-selling products. Makers of laptops and mobile handsets are reconfiguring devices to offer less memory or storage. Some product categories that operate on wafer-thin margins are likely to be discontinued. Shortage in memory chips is expected to last for a couple of years till...