The AI boom has driven up demand for memory chips so sharply that companies in other industries, from tech giants like Apple to medical device manufacturers, are now asking the federal government for help securing chip supplies.
The New York Times reports that memory chips, which store data in everything from smartphones to cars, are being bought up by AI companies for giant data centers. Prices have quadrupled in a year, a problem that impacts everything from iPhones to MRI machines.
Medical device makers, car manufacturers and consumer electronics companies such as Apple are pressing the government for help. Interviews with 18 people, many anonymous because they were not authorized...
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