Phones, laptops get costlier as memory prices rise; Sam Altman warns buyers

Smartphones, laptops and gaming consoles are getting costlier as a global memory chip shortage drives up DRAM and storage prices. OpenAI CEO Sam Altman, speaking on the Cheeky Pint podcast, said running AI locally is a poor use of scarce memory that sits idle 95% of the time. Intel warned of a shrinking PC market and SK Hynix said the shortage could last till 2030.