Major automakers are raising vehicle prices due to an ongoing shortage of memory chips, with the impact of AI-related demand now extending beyond computers and consumer electronics into the vehicle sector.
Tom’s Hardware reports that General Motors and Chinese automaker BYD have announced significant price increases attributable to the current memory chip shortage, marking a troubling expansion of supply constraints that have primarily affected the technology sector. GM has revised its 2026 forecast, now expecting new vehicle prices to rise this year, a departure from previous projections that anticipated stable or slightly lower costs.
During…
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