economy

April 30, 2026

Buying a computer? AI is making it more expensive.

April 30, 2026 / 11:30 AM EDT / CBS News

Buying a computer? AI is making it more expensive.

TL;DR

  • AI technology requires significant computing power, leading to a shortage of memory chips.
  • The chip shortage has caused personal computer prices to increase, a trend not seen since the early 1980s.
  • Computer costs have risen more than 3% per month recently, according to Oxford Economics.
  • The chip shortage is expected to continue through at least the end of 2027.
  • AI's energy consumption is straining the electric grid and increasing utility bills.
  • The boom in technology stocks is supporting consumer spending, further contributing to inflation.

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