Elon Musk said soaring memory costs are the "biggest price jump in anything I've ever seen" and that the solution is "MUCH higher production."

Should memory manufacturers be doing more to increase production capacity? Is it right that consumers now face this 'AI-flation' in tech products?

Apple CEO Tim Cook had earlier warned of price increases due to the memory chip shortage.

Elon Musk says memory chip prices are surging harder than he's ever seen, as DRAM and HBM shortages driven by AI demand reshape the semiconductor market.

Apple CEO Tim Cook calls the memory chip price surge a 'hundred-year flood' as DRAM costs quadruple, forcing Apple to raise iPhone, Mac, and iPad prices.

Elon Musk said soaring memory costs are the "biggest price jump in anything I've ever seen" and that the solution is "MUCH higher production."

While Apple and Microsoft raise prices on key devices to help cover the soaring costs of memory, smaller consumer electronics companies are in dire straits.