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Markets Insider News source @markets.businessinsider.com Β· New York City πŸ‡ΊπŸ‡ΈΒ· Feb 3

#SmartphonePrices #MemoryChipShortage #AIImpact

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AI Is Driving Smartphone Prices Higher, and Memory Chipmakers Are the Real Winners
Smartphone prices are rising across global markets, and the cause is not higher labor costs or weaker demand. Instead, the pressure is driven by a shortage of memory chips, which is being exacerbated by AI data centers.