AI Data-Center Boom Triggers RAMageddon Memory Shortage, Pushing Up Prices of Phones, PCs and Consoles

A shortage of memory chips, nicknamed RAMageddon, is lifting prices of phones, laptops, and game consoles as AI data centers soak up DRAM that once went into everyday gadgets. Device makers including Apple, Microsoft, Nintendo, Sony, and Valve have already passed higher component costs to buyers, and retailers are warning that further increases are likely.