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00:02A growing group of tech leaders warned that a global shortage of drawn memory chips is
00:06constraining production and pressuring profits across industries, according to Bloomberg.
00:11Tesla, Apple, and other companies said the shortage will limit output in 2026.
00:16Cook said it will compress iPhone margins, and Micron called the bottleneck unprecedented.
00:22Elon Musk suggested Tesla may build its own memory fabrication plant.
00:26The squeeze is driven by AI data center expansion, as Alphabet and OpenAI buy millions of NVIDIA
00:32AI accelerators that absorb large amounts of memory, leaving consumer electronics makers
00:38competing for limited supply from Samsung and Micron.
00:41Prices are rising, and supplies are tightening before major AI data center projects begin.
00:46Bernstein analyst Mark Lee said memory chip prices are going parabolic, boosting profits
00:51for Samsung, Micron, and SK Hynix, while increasing costs for the broader electronics sector.
00:57For all things money, visit Benzinga.com.
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