Intel CEO says AI memory shortage will last 2-3 more years
Speaking at DBS Bank's Asia Future Forward event in Singapore, Intel CEO Lip-Bu Tan reportedly said AI hardware will stay in short supply for another two to three years, primarily referring to memory, driven by persistent constraints in the underlying technology supply chain. A Barclays report cited in the coverage says contract pricing rose 24% for DDR4 and 20% for DDR5 over the past quarter, and that Micron's memory supply is expected to remain constrained through 2028. The report adds that chipmakers are prioritizing higher-margin AI data-center customers, leaving consumer RAM even tighter, with DDR5 retail prices in Germany up sharply since the memory crunch began last July.
A prolonged memory shortage and rising prices would raise costs for both AI data-center buildouts and consumer PCs and GPUs.