Lates News

RSM UK analyst James Bull stated in a report that the fierce competition for storage chips has begun to manifest in consumer prices as investments in artificial intelligence continue to increase. Apple and Microsoft have both now issued price increase notices confirming the industry's response to supply chain shortages. It is estimated that the top four largest tech companies in the US will spend $725 billion on data centers and AI devices by 2026. This high demand for storage chips has led to shortages in the supply chain. It is now evident that the cost of building the AI economy is being passed on to consumers and may even be passed on to inflation prospects. Industry leaders suggest that shortages could persist beyond 2028.