AI's insatiable demand for memory chips has caused a global shortage dubbed RAMageddon, with Apple CEO Tim Cook warning of potential iPhone and Mac price hikes.

CNBC reports Nintendo is raising Switch 2 prices and expects weaker console sales as AI-driven memory demand squeezes supply.

Samsung Electronics is projected to report a record Q1 2026 operating profit of ~$26.9 billion, fueled by soaring memory chip prices driven by AI infrastructure demand.

AI data center demand drives critical memory chip shortage, DRAM prices up 80-90%, supply-demand imbalance expected to persist through 2028.