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New report warns AI data center boom squeezes memory-chip supply, could raise everyday tech costs

FIRST ON FOX: A new policy report warns that the AI data center boom could drive up the cost of laptops, smartphones, cars and other everyday products as chipmakers shift scarce memory-chip capacity toward more profitable AI applications. The report, published by the Abundance Institute and first viewed by Fox News Digital, says manufacturers are shifting capacity toward high-bandwidth memory, or HBM, for AI data centers, constraining the supply…

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Fox Business broke the news in New York, United States on Friday, August 28, 2026.
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