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AI Chips Driving Up Phone Prices | Durham News
AI’s hunger for chips is driving up smartphone prices—and hurting companies like Xiaomi. As AI training fuels demand for memory chips, manufacturers are prioritizing big tech over phone makers, causing shortages and soaring costs. Xiaomi’s Q2 profits took a hit as chip prices spiked, forcing them to abandon budget phones and push premium models—still not enough to save margins. Even as they pivot toward EVs, the AI chip crunch is bleeding into everyday devices, making your next phone more expensive and reshaping the market for all of us. Listen in comfort:Get a discount on a Soli Pillow…
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