The price rise, to be effective early next year, showcases the inability of dominant companies to absorb growing costs and the leverage they have amid a surge in demand for AI infrastructure.

Nvidia has notified customers of over 15% price hikes on AI GPU products, driven by soaring memory costs and unprecedented data center demand.

Some of Nvidia's largest customers have been told prices of servers containing its artificial intelligence chips will rise by more than 15 per cent in many cases, with memory chip…

Nvidia announces over 15% price hikes for AI server systems shipping early next year, impacting major clients and chip configurations.