The AI boom Is making smartphones costlier

AI’s exploding demand for memory chips is squeezing smartphone supply and pushing prices sharply higher

When Prime Minister Narendra Modi inaugurated SEMICON India 2026 in New Delhi on September 17, the spotlight was on India’s ambition to become a serious semiconductor player.

But there is another semiconductor story that deserves attention: the chip shortage created by the AI boom is already reaching the smartphone in your hand.

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