What Micron’s record earnings really show is a looming price crisis

Memory chip prices are surging as artificial intelligence demand creates a global shortage, threatening to drive up costs for smartphones, laptops, and gaming consoles by hundreds of dollars, a crisis highlighted by Micron Technology’s record earnings report. The memory chip maker posted numbers Wednesday evening that were nothing short of remarkable. Sales hit $13. 6 billion […] source: https://www.cryptopolitan.com/micron-record-earnings-looming-price-crisis/