A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new report.

If it feels these days as if everything in technology is about AI, that’s because it is. And nowhere is that more true than in the market for computer memory. Demand, and profitability, for the type ...

A boom of investment in artificial intelligence has led to an unforeseen problem: a shortage of the world's memory chip ...

Companies making memory chips and storage drives are seeing huge demand, but won’t rapidly boost production, even with severe shortages hitting multiple markets. The memory business is dealing with ...