The real reason your phone is getting more expensive
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TL;DR
- The next generation of iPhones may come with a higher price due to rising memory costs.
- This marks a reversal of decades of declining memory costs, impacting consumer electronics affordability.
- The term 'chipflation' or 'RAMageddon' describes the current memory shortage.
- While AI's demand for RAM is a contributing factor, the shortage was brewing before AI's surge.
- The industry faces a significant challenge in increasing wafer capacity to meet demand, as stated by Manish Bhatia of Micron.