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How AI data centers are making everything more expensive

The rapid growth of AI data centers is creating a shortage of the memory chips used in everyday devices like laptops, phones, cameras, and gaming consoles. The world's three largest memory chipmakers — SK Hynix, Samsung, and Micron — are shifting production to High Bandwidth Memory, specialized microchips that power AI data centers, rather than the DRAM and NAND chips found in many consumer electronics. With fewer…