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AI Boom Drives Memory Chip Prices, Smartphone Costs Surge

2/13/2026

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Story summary
  • Memory chip demand surges due to AI boom, pushing prices for smartphones and computers.
  • In Germany, smartphone prices are set to rise 3-8% in 2026 on higher chip costs.
  • The global semiconductor market is projected to reach $975 billion.
  • The chip shortage, worsened by COVID-19, has caused Germany's economic damage exceeding €102 billion.
  • Samsung and Micron are expanding production, while the refurbished smartphone market grows as consumers seek affordable options.