Thanks, AI companies: Sub-$400 phones could see a huge decline due to RAM crisis

The global shortage of RAM chips is pushing up costs, which means we can expect higher prices for affordable smartphones under $400. This isn't just a minor inconvenience; it could lead to fewer options for budget-conscious consumers. The memory crunch stems from supply chain issues and increased demand for high-performance chips, which are also crucial for AI and data processing. This could reshape the smartphone market, making cheaper models less viable and potentially driving more people toward higher-end devices.