Why "chipflation" is here to stay
Data: U.S. Bureau of Labor Statistics via FRED; Chart: Emily Peck/AxiosMemory chip prices are skyrocketing, thanks to AI demand, and there's no end in sight.Why it matters: "Chipflation" is pushing up the prices for electronic goods like smartphones and laptops, as well as the costs for cloud storag
<p>Data: U.S. Bureau of Labor Statistics via FRED; Chart: Emily Peck/AxiosMemory chip prices are skyrocketing, thanks to AI demand, and there's no end in sight.Why it matters: "Chipflation" is pushing up the prices for electronic goods like smartphones and laptops, as well as the costs for cloud storag</p>