Dell, HP, Lenovo, Xiaomi and other companies have an ‘AI warning’: The cost of products can go up as…

Major technology companies, including Dell, HP, Lenovo, and Xiaomi, are issuing a warning about a possible shortage of memory chips in the coming year. This potential shortage is due to the enormous increase in demand for infrastructure to support artificial intelligence (AI). Some electronics makers, including Xiaomi, have raised concerns about rising memory chip prices. Meanwhile, companies like Lenovo are now stockpiling memory chips to prepare for higher costs later. According to a Bloomberg report, Counterpoint Research has predicted that memory module prices will rise by 50% through the second quarter of next year. The shortage in memory chips can make it more complicated and more expensive for companies to manufacture phones, computers, medical equipment, and cars. These chips are essential parts in almost every modern electronic device that stores information.