Memory chip costs are up as AI companies gobble up the hot commodity. Consumer electronics companies like Dell and HP are raising prices.

A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.

Since late last year, I’ve been warning potential buyers of consumer tech to make their moves sooner rather than later. That’s because the price of gear has been increasing at an alarming rate thanks to a shortage of memory and solid-state storage chips.

Nvidia's new superchip combines a 3nm ARM design with proper RTX graphics and is aimed at running local AI agents. Nvidia took the stage at Computex

Video gamers were among the first to grumble when supplies of random access memory (RAM) chips began to run short last year, causing prices to soar. But the ongoing crisis — which has been dubbed RAMmageddon and is expected to linger well into 2027 ...