Trade groups warn of AI-driven US memory chip shortage
Business
Trade groups are sounding the alarm about a growing memory chip shortage in the US thanks to booming demand from AI data centers.
They say these centers are grabbing more than their fair share of chips, making it harder and pricier for other sectors like electronics, cars, and medical devices to get what they need.
The coalition is urging the government to ramp up domestic chip production and make sure all industries get a fair shot.
Chey Tae-won warns shortages through 2030
SK hynix parent company Chair Chey Tae-won warns that shortages could drag on until 2030 because building new factories takes time.
Federal contractors are already struggling to meet supply needs, so trade groups stress that quick action is crucial to avoid bigger disruptions down the road.