AI-Driven Chip Shortages Double Prices of Electronics Including PlayStations

AI companies are aggressively securing compute components, causing chip and memory shortages that double prices for devices such as SanDisk's 4TB SSD, now $1,200 up from $500. This shortage elevates costs across consumer electronics sectors, impacting affordability for products like PlayStations and smartphones amid ongoing inflation debates in the US. Experts anticipate these supply constraints to continue through 2027, suggesting sustained pressure on prices and availability going forward.