Data centers will consume 70 percent of memory chips made in 2026 - supply shortfall will cause the chip shortage to spread to other segments

A report predicts that data centers will consume 70% of memory chips made in 2026, leading to a supply shortfall that will extend the chip shortage to other industries. The shortage is driven by high demand for AI technology. The scarcity of memory chips is expected to impact various sectors like automotive, TVs, and consumer electronics. This shortage could result in price hikes for common household items that rely on memory chips, potentially affecting manufacturers' ability to afford production costs. Analysts anticipate significant impacts on smartphone and PC sales due to rising memory prices.