A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new report.

A growing procession of tech industry leaders, including Elon Musk and Tim Coo,k are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail ...

The world has a memory problem, thanks to artificial intelligence. The explosion in AI-related cloud computing and data centers has led to so much demand for certain types of memory chips that now ...

While shares of Micron rose nearly 300% last year, another memory stock that did even better over past 12 months may still be ...

Surging prices for memory chips have flipped the script on the semiconductor trade, rewarding pure-play storage makers while battering the very consumer brands that depend on them. Apple and the ...