Patel predicts rising memory prices will make smartphones and PCs worse, causing public backlash against AI.
“So memory crunch will continue to be harder and harder, and prices continue to go up. And this affects different parts of the market differently.”
Patel reports memory prices have tripled, adding $150 to iPhone bill of materials versus $50 previously.
“the price of memory is like tripled. Let's call it if it's now it's $12 per gig for DDR. So now you're talking about a $150 versus $50.”