Sony, Nintendo grapple with memory price surge as AI boom constrains supply

Mihaela Păun

TOKYO, May 8 : Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday, as the artificial intelligence boom constrains chip supply and deepens disruptions across the tech sector. Memory chip prices doubled in the first quarter alone from the previous quarter and are forecast to climb up to 63 per cent in the current quarter due to AI data centre demand that has impacted supply for smartphones, laptops and automobiles. While top producers Samsung,