00:00Artificial intelligence was once expected to lower costs, but economists now warn the AI boom may actually be contributing to
00:07inflation.
00:08Surging demand for semiconductors, servers and data center equipment is pushing technology prices sharply higher.
00:15Wholesale prices for electronic components have jumped as companies race to secure computing power for AI development.
00:23Federal Reserve officials are increasingly monitoring the inflationary pressure tied to AI infrastructure spending.
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