Global RAM Shortage Could Drive Smartphone Prices Higher, Push Budget Phones Out of the Market

Source: International Business Times

When artificial intelligence became a trend, the rest of the tech firms followed. With companies aiming to build powerful AI data centers, demand for memory components, especially RAM, has surged, pushing prices to record highs and forcing electronics manufacturers to rethink production strategies. We might not feel the impact of these events yet, but even budget smartphones might get affected.