Gadget prices have fallen for decades. Then AI happened.

Business

After decades of declining costs, consumer electronics ranging from computers to video game consoles are jumping in price as the artificial intelligence boom drives a global shortage of memory and storage chips.  "The vast majority of the chips are going to the AI buildout and the data center revolution we're seeing," Wedbush Securities analyst Dan Ives told CBS News. "That's [fewer] chips for these regular consumer devices. That just further drives up prices." On Thursday, Apple and Microsoft  

Gadget prices have fallen for decades. Then AI happened. http://www.cbsnews.com - 26.06.2026 16:11

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Gadget prices have fallen for decades. Then AI happened. http://www.cbsnews.com - 26.06.2026 16:11