📊Executive Summary

The article discusses a significant supply shortage of DRAM and memory chips, driven by increased demand from AI applications across various devices, including laptops and wearables. This shortage is impacting gadget makers as they struggle to secure the necessary components for their products. The rising costs and dwindling supplies of these memory chips were highlighted as critical issues at the Consumer Electronics Show in Las Vegas. Procurement teams should be aware of the implications of this shortage on pricing and availability, as it may lead to longer lead times and increased costs for memory components....